Weekly technical analysis for the Japanese Pound GBP-JPY

Japanese Pound: It maintains the ascending channel with a bullish momentum that weakens and strengthens irregularly, but the positivity is still controlling the pair. We recommend buying the pair above 136.45, while maintaining the positive MACD signal. In the event of a break of the level on the h4 chart with a negative signal on the MACD indicator, selling will dominate. And we are not bothered by the big corrections that happen to the husband, whether in the event of selling or buying, because the liquidity is conflicting and weakness and strength occur from time to time, as we mentioned previously, and professional traders can strengthen better prices in the event of reversal while maintaining a suitable loss stop for all trades.

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