GBPJPY holding above ascending trendline support and moving average. A further push up above 1st support at 135.852 towards 1st resistance at 136.363 can be possible.
Trading Recommendation
Entry: 135.825
Reason for Entry:
38.2% fib retracement, moving average, Ascending trendline support
Take Profit : 136.363
Reason for Take Profit:
-61.8% fib retracement, 127.2% Fib extension
Stop Loss: 135.673
Reason for Stop loss:
61.8% Fib extension ,Recent swing low
