OraibUK
Long

GBPJPY Sustained moves towards highs

FX:GBPJPY   British Pound/Japanese Yen
GBPJPY             is benefiting a lot from JPY yield curve approach of BOJ and the resulting depreciation of Yen. On other hand, GBP is only pair in G10 which has so far maintained its momentum against other G10 pairs. This fundamental supports that GBPJPY             can easily approach its TP1 and TP2 in Dec             . Its a 200+ pips chance to grab for your Dec             vacations.
I think will go to 143 then reversal.
Reply
OraibUK eprofit168
@eprofit168, Probably, but reversal will occur around 144 zone
Reply
Good fundamental points mixed in with valid technical points. Happy Holidays!
Reply
OraibUK Pivot_Panther
@Pivot_Panther, Thanks. Happy Holidays too!
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out