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Snick3rSD
Jan 25, 2024 4:02 PM

GBPJPY - Long for trendline liquidity ✅ Long

British Pound/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on GBPJPY.

Technical analysis: Here we have strong support zone around institutional mid figure 187.500, so I expect price to reject one more time for a bullish move to take trendline liquidity.

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Comments
MyCryptoParadise
This perspective is based on the technical analysis of current market trends and patterns.
Snick3rSD
@MyCryptoParadise You are right
GoodTradeST
Nice entry!
Snick3rSD
@GoodTradeST thank you!
Setupsfx_
Agree with you mate, jpy going to dump if dxy keeps bullish behaviour for another week or two. We may see another high on GBPJPY. While GBP may strengthen.
Snick3rSD
@Setupsfx_ Exactly
akhilagrawal5648
till then we all play hide & seek with JPY pairs daily.. 😅😂
Snick3rSD
@akhilagrawal5648 someone should win, someone will lose
dryenz
Man at this point I don’t know what to do anymore 😂
Snick3rSD
@dryenz why? Price delivers as expected
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