GBPJPY has 153.30 on its mind
GBPJPY is shaping up rather nicely - we see price breaking the May downtrend and pushing resistance into 152.19 - its not on the chart, but price has also broken out of the i-cloud and we're now eyeing the 100-day MA and 14 Sept spike...its' hard to chase here, but this has the feel that it can work into 153.30 over a week or so..one for the patient, as weekly implied volatility is still subdued at 8.17%...the bulls will see this doing all the right things
CW
CW
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Global risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading in CFDs. You should consider whether you understand how CFD
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.