Get started
UnknownUnicorn13514545

Gbp/Jpy : Eyeing 157 handle Feb 2018 High ?

Long
British Pound / Japanese Yen (FX:GBPJPY)  
UnknownUnicorn13514545  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Beyond Technical Analysis GBPJPY gbpjpysignals gbpjpysignal gbpjpyforecast gbpjpyanalysis gbpjpyidea gbpjpyprediction
1
0
trendanalysis indicator beyondta gbpjpy gbpjpysignals gbpjpysignal gbpjpyforecast gbpjpyanalysis gbpjpyidea gbpjpyprediction
As of now price is consolidating in a 100 pip range (153.50-154.65) , Speculative sentiment index is around 35% and trend is strong on higher time frames indicating the test of 2018 high around 157 handle which stands as the major resistance / Top.

Trend : Up
Signal : Long Scalp ( 153.50-154.65 range)

Positional trade # 1: Long above 151.70 ( EMA 50)
Stop Loss : 150.50
Target : 157 handle

Positional Pending trade #2 : Sell limit @ 156.70-157.30
Stop Loss : 158.50
Target : Open
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.