vlad.adrian
Long

GBPJPY - Heading for 200

FX:GBPJPY   British Pound/Japanese Yen
839 4 15
After a crazy ride, GBPJPY             declined to value, where a reasonable long can be initiated. Until this pair will break strongly, this is still an uptrend and only long positions should be taken unless there are clear bearish signals combined with an over extended price. It is not the case right now, both the daily and the weekly charts are in line, and they are both bullish . Minor resistance at 190, 192, major resistance at 200.
Still looks fine.
Reply
I agree, more likely to continue up for the time being at least.
Reply
Hi Vlad, What do you think of the probabilities of a move to 165 over the next couple of months after a move up to 183.50 area?
Reply
I think it is less probable than a move to 200. Possible, as anything is possible in the markets, but not probable.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out