GBPJPY on resistance line Short

British Pound/Japanese YenFXCM

Description

⋅ Jun 3, 2020 6:00 AM

GBPJPY has reached a strong resistance line.
I expect a fall to the support line.

Comments

rahmat056

⋅ Jun 4, 2020 6:41 PM

Its still valid this analysis?

JoeSedona

⋅ Jun 4, 2020 9:48 AM

Update: Sterling weakens as Brexit fears remain, risk-offs returns. New data as of 44 minutes ago.
Have a fantastic trading session.

JoeSedona

⋅ Jun 3, 2020 10:36 PM

That was a good call last night. I’m starting to look at DailyFx.com for extra technical info. That along with the views of people on this app.

sergun1957

⋅ Jun 3, 2020 9:06 AM

Good job ! Good luck !

Refimadon

⋅ Jun 3, 2020 8:06 AM

I entered too early I was stopped out at 136.791 on the 30min. Might re-enter again if not I'm sitting this one out.

srikanthrajjjj

⋅ Jun 3, 2020 9:51 PM

@Refimadon, always use ATP 1 hr 2x stop loss plus extra 5 pips would be very safe.

Refimadon

⋅ Jun 4, 2020 2:44 PM

@srikanthrajjjj, Noted thanks for the advice.

JoeSedona

⋅ Jun 3, 2020 6:13 AM

Its a tight one. 51% Long and 49% Short. Yet I too feel Bearish to the support line.