GBPJPY FORECAST SUPPORT LEVEL
GBPJpy selling zone on 187.456
Take profit 187.000
Take profit 187.506
Take profit 187.000
Stop loss 188.000
GBP/JPY
The GBP/JPY pair tells the trader how many Japanese Yen (the quote currency) are needed to purchase one British Dollar (the base currency).
It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading, a strategy that consists in buying a high yielding currency and funding it with a low yielding currency, similar to the adage "buy low, sell high
GBPJpy selling zone on 187.456
Take profit 187.000
Take profit 187.506
Take profit 187.000
Stop loss 188.000
GBP/JPY
The GBP/JPY pair tells the trader how many Japanese Yen (the quote currency) are needed to purchase one British Dollar (the base currency).
It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading, a strategy that consists in buying a high yielding currency and funding it with a low yielding currency, similar to the adage "buy low, sell high
Trade active:
Trading active with profit