GBPJPY FORECAST SUPPORT LEVEL
GBPJpy selling zone on 187.456
Take profit 187.000
Take profit 187.506
Take profit 187.000
Stop loss 188.000
GBP/JPY
The GBP/JPY pair tells the trader how many Japanese Yen (the quote currency) are needed to purchase one British Dollar (the base currency).
It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading, a strategy that consists in buying a high yielding currency and funding it with a low yielding currency, similar to the adage "buy low, sell high
GBPJpy selling zone on 187.456
Take profit 187.000
Take profit 187.506
Take profit 187.000
Stop loss 188.000
GBP/JPY
The GBP/JPY pair tells the trader how many Japanese Yen (the quote currency) are needed to purchase one British Dollar (the base currency).
It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading, a strategy that consists in buying a high yielding currency and funding it with a low yielding currency, similar to the adage "buy low, sell high
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Trading active with profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.