GBP/JPY Reversal

 | Apr 12, 2021 08:31AM ET

h2 Bullish  

GBP/JPY is currently at 150.44 in a range and just breaking the slope resistance from the down move. We are looking for a move to the ATR Target at 151.57 area. A further target is at 152.36 (former day top). Watch the USDX for any change in direction. The ATR for the pair currently is 115 pips per day.