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GBPJPY: Opportunity again??
British Pound / Japanese Yen
GBPJPY: Opportunity again??
By Trader_AndyNg
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Updated
Apr 22, 2020
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Apr 22, 2020
Yesterday hit 100pips profit!!
Today may continue target another 100-200pips profit!!
Risk-off still remain!!
As long as today UK CPI y/y below than expectation, it will further support downtrend.
Apr 22, 2020
Comment
CPI seem equal which may make it rally short-term + short covering rally by today.
Thus, it may be rally 1st, before drop down.
Attention for Trump new funding policy sign which may cause market turn to risk-on
Apr 22, 2020
Comment
There is Pinbar Engulfing for previous H4 candle
Await current H4 candle close lower than previous - bearish.
If so, high chance for the price going down further, based on price action.
Apr 22, 2020
Trade closed manually
Risk sentiment mixed
Close trade
Beyond Technical Analysis
Chart Patterns
GBPJPY
Trend Analysis
Trader_AndyNg
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