GBPJPY start of a bullish move

After the fast selling pressure to the support level at 155.986 buyers took all started to slowly show bullish movement in a uptrend. Sellers have tried to gain back the bearish momentum but as you can see buyers are pushing back. Right now I have two targets setup.

Remember, investing in forex comes with a risk. This is not investment advice but just my analysis on the market. Invest at your own risk.

Kommentar:

The market went bearish all of a sudden after almost hitting the first target