its bouncing, I hope looking for a good profit. Just MY idea
GBPJPY expected to rise up to 1st resistance at 137.521 where it could potentially react off and drop down to 1st support at 134.812. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
REASONS: 1.We are at major support, also major liquidity zone. 2.We saw rejection from last month candle , also closed as a Doji 3.Failing to make lower low on monthly 4.Monthly FIB on play
Almost ready to go up Please see your own chart and make your own choice. Thanks for looking
GBPJPY expected to rise up to 1st resistance at 138.582 where it could potentially react off and drop down to 1st support at 136.071. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY is expected to drop to 1st support at 136.067 where it could potentially react off and up to 1st resistance at 137.124. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY reversed off its resistance at 137.124 where it could potentially drop further to 136.067. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
On our last GBPJPY analysis we awaited a retracement move to the (140.00) monthly support area which stopped short at around at around our daily resistance (138.700). Reason for that is because priced retraced to 78.6% FIB level on our H4 chart and formed a bearish reversal pattern. Fast forward to now we can take advantage on yet another retracement by...
GBPJPY is approaching its resistance at 371.18 where it is could reverse down to its support at 311.34. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY reversed off its resistance at 137.124 where it could potentially drop further to 136.067. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
GBPJPY approaching its resistance at 137.124 where it is could reverse down to its support at 136.067. Disclaimer: Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY reversed off its resistance at 136.537 where it could potentially drop further to its 135.826. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
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We saw this pair break bearish yesterday and break the trend line i have plotted. You can see price broke below that and retraced at support. Price is currently at 50% of that bearish breakout. We MAY see price break lower as divergence is also evident. Having said that, we may see price retest that trend line before a potential bearish move. If price re tests the...