Vantage FXWanzhi: GBP/JPY current reverse long trading opportunity

GBP/Is it possible that the Japanese yen has already hit its bottom?
After several candlelight candlesticks, the price has followed some strong short selling momentum near the low point of the previous swing, indicating that the price should have indeed hit the bottom!
Although the trend line drawn at the top of the price chart shows that prices are in a downward trend, given that the resistance level of price correction has been broken and there has been no reversal after the price level, it can be imagined that the true situation of prices is not what we see on the surface.
Given that the current trend is more likely to be upward, there is a high probability of a reverse trading trend occurring. Moreover, the price is currently at the bottom of the previously indicated trend channel, which provides significant room for upward movement.
Daily GBP/Japanese yen:

But what I really want to emphasize here is the price level of horizontal support level and resistance level, which is at11month25Daily price range for short jumps.
If the intraday price range is maintained, we will further examine the intraday chart and find price retracement that can be used for long trading.
Do you see the transaction in pounds/Is there an opportunity for Japanese yen?choiceVantage FXLet Wanzhi open a real account and start trading.
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