GBPJPY will change the trend to Bearish
This peer have potential to change the trend from Bullish to Bearish,
A Trendline (blue line) are supporting this actual uptrendm this can change on the next hours or days.
I think he will broke the line, and after retest and confirmation we must short it. 150 pips of profit. We must follow the white line.
On chart you will find the TP - Target point (145.540) 80pips and SL - Stop Loss (147.850) 40pips
Ratio: 1 : 1.77
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
A Trendline (blue line) are supporting this actual uptrendm this can change on the next hours or days.
I think he will broke the line, and after retest and confirmation we must short it. 150 pips of profit. We must follow the white line.
On chart you will find the TP - Target point (145.540) 80pips and SL - Stop Loss (147.850) 40pips
Ratio: 1 : 1.77
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.