GBPJPY Trade Idea/Analysis . (Dated: 22/09/2018
#GBPJPY has shown some some great moves on the upside, as per my previous GJ analysis that went spot on , congrats on whoever took it.
Currently I see , GJ has broken the downtrend channel and heavily rejected the zone at 149.800. I am expecting a retest of the pivot point and the pair to drop to my targets. On the Contrary, if the pivot point is broken and we see some heavy rejection (as a support) uptrend continuation is a possibility.
Currently I see , GJ has broken the downtrend channel and heavily rejected the zone at 149.800. I am expecting a retest of the pivot point and the pair to drop to my targets. On the Contrary, if the pivot point is broken and we see some heavy rejection (as a support) uptrend continuation is a possibility.
