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Zackfx10
Jun 18, 2021 3:55 PM

GBPJPY BUY Long

British Pound/Japanese YenFXCM

Description

GBPJPY has gone down from my last call but is now oversold so im expecting a spike up

Trade closed: target reached

Comments
Mafiaview
Jpy is strong as hell. oversold / overbought doesnt apply
Mayfair_Ventures
@Mafiaview, why does it not apply? when shortening of the thrust occurs it is likely to pullback regardless of the strength of one currency. Maybe it's worth zooming out a little, as if you think the Yen is strong over GBP right now then the TF is too small, its been trending up since last March.
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