As we said, GBPJPY is still under the pressure line where looks like a new swing start. This new swing could possible drop down 1176 pips down the Fibo 886 position where you can find out a important position on the left size.
Great idea there! I have the same bearish call on GBPJPY, let me know how you think of it.
FUNTRADER-Vera
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@FXCM-EDU, nice chart, thank you for sharing .
skyisthelimit1
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Hello Vera. On my monthly indicators, I am seeing bullish GBP signals, so I am buy on this pair. Bought at 142.00.
I am seeing GBP Strength on (GBPUSD, GBPJPY, GBPCHF) monthly charts and JPY weakness on (AUDJPY, GBPJPY, CADJPY) on monthly charts.
Wish you well with your trades.
:)
ForexThief
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Great idea Vera, but in my analysis i see little bit retrace to 143.500 and maybe to 145 before going lower.
That kind of big move is possible with brexit help aswell. Check my analysis