Terence_FX

Will JPY continue to weaken like last week?

Long
Terence_FX Updated   
FX:GBPJPY   British Pound / Japanese Yen
2
We have been watching the GBP pairs the whole london session. GBP is showing sign of continuation while JPY starts to weaken again. Hence, we believe GBPJPY should be a good buy.

However, we must be careful with 162.00. If it manages to breaks that, we might be able to gain some pip movement towards the upside. Do take note that on higher timeframe, GBPJPY is showing a retracement
Trade closed: target reached:
It was a good move

1. Binance registration
a) www.binance.com/?ref=11926638
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.