Since yesterday, the GBP/JPY currency pair price has tried to rise in 1 hour chart which seems like price has started the bullish trend in 1 hour chart. Now, the trend is bullish with hourly support available at 184.12 price level. I would be probably looking for buy trades, as long as price prints; higher highs and higher lows. If bearish candlestick closes below 184.12 critical support level then bullish trend is going to end. Henceforth, I may jump at the chance to stay out of the market and re-inspect the price action.
