GBPJPY Possible Resumption of the Up Trend

FX:GBPJPY   British Pound / Japanese Yen
79 2 0
Two things can happen at the trend line: the price will either bounce off of it and continue upward or it will break it, retrace somewhat and the go down again. Anyway I think this market has got more potential to go up than down.
I also would like to see the retracement
ForceFollower Ryan Tyler
A retracement is OK, as long as in the end it resumes the up trend. One risk factor here is the potential of the yen to strengthen buoyed by the recent rise in inflation (an abenomics ricochet).
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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