fakhan
Long

Breaking out of the wedge BUY $GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY             is massively oversold. We expect it to breakout of the wedge and start heading upwards and show some respect for the better than expected CPI             news out of Britain today. I think this it is still lingering around because we have the CPI             announcements for US tomorrow and that will determine the direction of $USDJPY             . However, I think the worst case scenario could be retest of $148 level. Best case scenario will be it continuing the climb with a strong bounce from here. Good luck!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out