Roker1
Short

Decision point in Pound/Yen

FX:GBPJPY   British Pound/Japanese Yen
Hi traders,
today i want to share with you some of my daily analysis on pound/yen.
As you can see in the chart the trend has been clearly bearish for the recent past. After the break of the level of 130 flat the price is now coming back to retest that level of daily support. Support could become resistance and so we are now in "alert mode" in lower timeframes.
This means that we are going to seek for some reversal signal in order to short the market.

Let's see how it goes.
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