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WicktatorFX
Feb 19, 2021 11:50 AM

GBPJPY - Bullish Run Over? 

British Pound/Japanese YenFXCM

Description

GBPJPY has been in a major bull run for almost a year. It has finally reached the highs of December 2019 where its met with resistance. On the lower timeframe we can see a macd divergence which we can use to get a short term short set up whilst we wait to see what happens next.

See chart below for the short term set up.

Comment

Comments
TheSignalyst
keep it up Wicktator!
FXtrades-gp
Perfect analysis, nice one ☝️
ProjectSyndicate
neat overview and chart for GBPJPY today, appreciate your effort.
UnknownUnicorn9428939
Seems GBP is unstoppable
TRADiNG_hub
I have also similar Move.......
Mihai_Iacob
I have the same view
Is strong resistance there
Thanks for sharing
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