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jordanmac
Feb 4, 2019 9:21 AM

gbpjpy - long term outlook Long

British Pound/Japanese YenFXCM

Description

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

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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

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