GBP/JPY Channel Opportunity

Bullish

GBP/JPY is sideways at the time of this post due to FOMC today. We had a pullback and channel bounce which is bullish. We are looking for a continuation to the ATR Target at the 153.80 area. Watch the USDX for any change in direction. The ATR for the pair currently is 138 pips per day.

GBP/JPY Channel Opportunity

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