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MGMA
Jan 24, 2023 6:53 AM

GBPJPY will continue going up to the next area Long

FX:GBPJPY240
British Pound/Japanese YenFXCM

Description

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pair gbpjpy shows that it has successfully broken through the trendline and retest to the nearby area before continuing upward journey. last week's candle data also shows strong buy and I only focus on the buy position. Don't forget stoploss. #TAYOR
Trend AnalysisGBPJPYbuybuysignalgbpjpybuyForexsignalsfreesignalsfreeeducational
Comments
ibrar550
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this will depend on the news coming out shortly
MGMA
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@ibrar550, yeah that's right. But I don't think news will affect the big movement of gbpjpy
ibrar550
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@MGMA it's PMI news, they skipped it last month so expect it to have an impact
MGMA
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@ibrar550, I can't wait and I'm ready with a stoploss below if the market goes in the opposite direction
ItzArry97
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This is very similar to the analysis I have, good job
MGMA
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@ItzArry97, thank you
ibrar550
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@MGMA negative news and gbpjpy is just above the support you have
ibrar550
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@MGMA big drop that
ibrar550
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this will break below 160 when NY session opens
MGMA
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@ibrar550, I still hold a buy position. I will close the position below 160
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