TheBanker
Long

GBPJPY Quaterly Trend Change INVESTORS ONLY

FX:GBPJPY   British Pound / Japanese Yen
Looking for a trend change in gbpjpy in coming months, we saw previous highs of 143262 which have recently been broken indicating the likelihood of a bullish direction. A close below 126494 will warn of possible decline.

Weekly the last significant high was 145195, we have been generally trading up for the past 8 weeks. The market remains strong at this time, momentum below market on our model implying there is more upside to come.

Overhead key resistance for a bull market stands at 222820. If broken the gates for previous major highs back in 1980 at 569550 will be open.

All the best, like and comment your views!
Dec 07
Comment: quarterly*
Jan 26
Comment: Brexit Part II underway
Finally entered long late last night, Florida time, after firmly breaking the 143.20's level.
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was also looking at 3 3months chart, might take a while to 222 hehe
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Been long since 135! Great trade so far
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Thanks sir!, I am very greatful for your ideas ;)!
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