GBP/JPY Trading Analysis (06/05/2024)
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward inner truncated wave structure finished. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold state.
Trading idea:
Buy when the formation of the …