DavidBelleFX

Watch for possible breakout during London Open

FX:GBPJPY   British Pound/Japanese Yen
GBPJPY             has been quite stagnant since this morning's large bullish candle off the back of UK earnings data. Stuck in a 90 pip range channel, one could possibly expect this to continue during the quieter Asian session. During the London open as volatility picks up, there could possibly be a break to the upside possibly continuing the previous bullish momentum of GBP combined with the extremely weak Yen.

UPDATE: weak UK data this morning did cause a break, however it was to the downside.

Form your own opinions.

This is not to be interpreted as investment advice.

Trading leveraged products carries a potentially high level of risk. Losses may exceed deposits.
8 Tips For New Traders: http://bit.ly/2gLXPku

Brokers I use:
ThinkMarkets: http://bit.ly/2guPzVn

GKFX: http://bit.ly/2gyUF0E

London Capital Group: http://bit.ly/2fETttv (also offer Vanilla Options)




Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out