FX:GBPJPY   British Pound/Japanese Yen
27 0 0
The monthly outlook for this pair suggested to take into account a reversal possibility. Now we see that the weekly chart tells a similar story. Stoch wants to settle down in the below 50% zone. The neckline of the HS pattern is broken, which coincides with the breaking out of LMLH. The price is now seemingly headed towards the next level to retest the monthly UMLH around Fib .236 level. As a result, the long-term outlook for this pair is in favor of the short positions.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out