Get started
FuturesForexClasses

GBPJPY / H4 / Daily Forex Technical Analysis / 4.25.2019

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
FuturesForexClasses  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators gpbjpy forexanalysis Technical Analysis forexsignals forextrading forextradingzones april2019 forexforecast Forex
3
0
trendanalysis chartpattern indicator gpbjpy forexanalysis technicalanalysis forexsignals forextrading forextradingzones april2019 forexforecast forex
Hello Traders, welcome to the Daily Forex technical analysis. Today is April 25th, 2019 and we will be taking a look at the British Pound against the Japanese Yen. Looking at the 4 hour time frame we can see price action moving back towards a major support zone near the 144.166 area. If price action can reach these levels and hold as support once again we will be looking for a profitable entry long. Entry for a Long position near the 143.842 area, with a Stop Loss near the 143.222 region, could ensure a profitable trade with a 2.43 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.