jordanmac

gbpjpy - long term outlook

Long
jordanmac Updated   
FX:GBPJPY   British Pound / Japanese Yen
happy trading week - this is my overall long term analysis on gbpjpy,
however, I can see price drop back down towards the 141/142 area, due to brexit results happening soon. However, I do believe we can see some upside on this pair, so I will await for a perfect set up, before triggering a long set up
feel free to comment with your thoughts/analysis on this pair

elliot waves has confirmed this trade idea, as stated previously this is a long term bias on gbpjpy

#JugFX
Comment:
update on gj - we've seen some heavy selling pressure on the gbp pairs so far this week as anticipated, this idea i've posted is for the long term
Comment:
after the BoE released there inflation reports, we did see some buyers come into the market
Trade active:
update on this pair, price has done exactly what I predicted, we have been trading in the 141/142 area for a couple of weeks, before shooting to the upside. I haven't gotten into this pair, will await a decent

#JugFX
Trade active

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