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Dr_Analyst
Aug 5, 2021 10:01 AM
GBP JPY simple than it looks
Long
FX:GBPJPY
240
British Pound/Japanese Yen
FXCM
Description
⋅
Aug 5, 2021 10:01 AM
All labels and levels on chart
Buy area around 152 and sells around 154.25
I think 151.96 support will hold for today bringing more upside
Beyond Technical Analysis
Wave Analysis
Comments
Dr_Analyst
⋅
Aug 5, 2021 10:13 AM
Please note
This scenario is perfectly matching today's big news release about GBP
we are seeing a rising wedge on 15 min and 5 min chart
that means there will be a down wave to 152 support before another final rise to. 154 area
More
This scenario is perfectly matching today's big news release about GBP
we are seeing a rising wedge on 15 min and 5 min chart
that means there will be a down wave to 152 support before another final rise to. 154 area