tntsunrise
Long

INTERESTING IDEA , LONG GBPJPY UNTILL 200?

FX:GBPJPY   British Pound / Japanese Yen
331 3 8
Some people said this is a cup and handle pattern?
i dun know what is a cup and handle ,
but i do respect fibo ext 1.27 1.618 and 2.24
if the trend continues. then we may see GBPJPY             go back to 200

Good Luck, Good Trading!
i have longed gbpjpy             since the price retest the 163 level
Keep our position and let's see how far can this pair go.
Yeh could be a nice rounding bottom pattern aswell.
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I'm locking in at 180 from current levels. Monthly charts show a strong support/resistance level at which price is sure to react. This is one pair that is quite promising.
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tntsunrise justatrader
yeah. and i think usdjpy is going to reverse soon. Strong Support at 101 level.
if USDJPY continue to rally. GBPJPY will accelerate to 180
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