Cambista
Short

GBPJPY going Bear (A little correction on my weekend post)

FX:GBPJPY   British Pound/Japanese Yen
104 7 4
As you may see the price reach the resistence zone and now is going down because the oil             price is about to do the same.
Good luck.
Thanks for share .. i think more up .... direction to 164.70 ---> 165.96 -----> Final to : 169.25
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Cambista PRO Oualid.Boukouja
It´s difficult....but depends on oil price...
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Both import oil ... ???
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Cambista PRO Oualid.Boukouja
No my friend.....UK produces oil.....Japan imports only....besides, if you SELL the USDJPY why do you buy GBPJPY ?? It´s a contradiction....they are very similar....
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yes logique .. im analyse chart only .. bcs im not read News .. i think all news in chart
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Cambista PRO Oualid.Boukouja
I understand....but a trader must read some news....the chart does´t move alone....;-)
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I agree, but I will be lying to you if I told you I have not been following the economic news ... It's good to be on a date the time of the powerful news only, which is possible to occur a big noise in the chart ... this kind of news is worth pursuing .. .
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