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BloomFX_SIGNALS
Jun 5, 2021 9:54 AM

GBPJPY 

British Pound / Japanese YenFOREX.com

Description

As i said last weeks ...as I said last weeks GJ has reached 155,600
NOW...If we make a parallel between the chart on a week and one month because the month of May closes we can see that GJ has reached the trend line formed for 1 month and 1 week and from here I expect a withdrawal movement of at least 700-1000 pips if it closes the month below 155,600 ... even if GJ will go up maybe 40-50 pips this week.
I want to mention that the trend line formed by GJ for 1 month is the most perfect trend line we have ever drawn and I expect it not to be exceeded at all ...

THIS WEEK...as I said last week ... GJ has reached the trend line and strongly rejected ... which I still look forward to.
Even if he can make another range, I expect GJ to go down the steps to area 148 ... and from there I'll reanalyze!

NOTE: Please, give a LIKE if you find this idea useful!

GREAT ATTENTION:
*This information is not a Financial Advice.
Comments
emmanuelashino04
I love your analysis.
because I used to analyze
GBPUSD
GBPJPY
EURUSD
EURJPY
USDJPY
CADJPY
and most of these pairs are just following each other
BloomFX_SIGNALS
ekl100
Love your analysis. Great work!
BloomFX_SIGNALS
@ekl100, thank you
BloomFX_SIGNALS
@ekl100, thank you
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