Vimhype

Update on GBPJPY DIRECTION(Bull)

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Hello Traders in the previous week our ideas on the GJ pair has been awesome and accurate We have predicted the direction of the pair for months now and our ideas rate is 89% correct.
We continues to share our idea on the pair movement showing the direction its going.

We still believe the pair remains in the Bull run, the pair broke out a key area on the last trading day of past week and did a minor pullback, but we wait to see a little bit pullback again before to gather momentum for the bull run, our first Bull target was hit last week at 182.23 and we look forward to see the rest being achieved.


We keep our plan to buy the pair from dip and will take advantage of the selling opportunities available, as the pair trades around an area of value in the 4HR timeframe mitigating the gap and pushing to reach a higher high for the bull. The pair has form a double bottom pattern indicating a Bullish move after trading in side ways for the past few days last week until the breakout occurred.

Bullish Target; 182.23 DONE, 183.24, 183.799, 184.4, 186.3 188.2
Bearish Target; 180.7, 180.3, 179.5, 177.6

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#Vimhype

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