GBP/JPY Bullish!

Refer to weekly chart; it is clear show us that this beast is have more room to going up. RSI is not overbought yet, there is more room to play.

gbpjpy-w1
Price already rebounces at mid channel. Now I’m waiting for momentum (10) to turning up before open the position. Target is around 157.55 (high 10/11/2008)
gbpjpy-d1

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