British Pound / Japanese YenUpdated Crossing of EMA in GBPJPY
Looking at the last month chart for GBPJPY, we can clearly see the pattern on crossing of the EMA lines
Based on that i think this pair will be sideways for a little while before going down.
There is lot going on in the new for GBP so it may effect this pair ...
This pair is bearish i think for long term, May show some bullish signs for a while
Best of luck.
Based on that i think this pair will be sideways for a little while before going down.
There is lot going on in the new for GBP so it may effect this pair ...
This pair is bearish i think for long term, May show some bullish signs for a while
Best of luck.
Note
As expected, following the pattern i think it will take few days to move down.
Patience will be key here :)
Note
Had one EMA crossing.I think it will take few more days to reach 138.
Still very bearish but in the consolidation phase.
Trade closed manually
New pattern found. Trend is bullish now.
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