GBPJPY, a rebound play is in order.
Updated
GBPJPY, a fave of traders who value volatility recently corrected significantly to 181 range from the highs of 183.
Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days.
The pair is currently bouncing off a 0.5 FIB level, a major order block support.
Expect some attempt to reverse to the upside in the next coming days.
Spotted at 181.30
TAYOR.
Safeguard funds always.
Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days.
The pair is currently bouncing off a 0.5 FIB level, a major order block support.
Expect some attempt to reverse to the upside in the next coming days.
Spotted at 181.30
TAYOR.
Safeguard funds always.
Trade active
4H data update: Post surge update: moved as planned.You can TP from here.
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184.7, this is has risen good.Trade active
Another swing opportunity play has surfaced (long).2h trend breakout -- targeting 187.0
TAYOR.
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Swing opportunity now active.Trade active
This has grown nicely from our spot at 181, a 2000 pip rise.Now on our intraday data metrics.
This is re-setting again for another 100+ pips rise back to 201.
TAYOR.
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Daily data update:GBPJPY is inching closer again the recent peak zone -- probability of a breakout is high at this point.
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GJ corrected healthily to ideal levels minus 300 pips for upside continuation play.Ideal setup from the current range re-surfaced. Strong buy at 205.0 with a weighty pip harvests at 208.0
TAYOR.
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Daily data update:IMPORTANT UPDATE!
STRONG BUY at the current range.
After that healthy correction GBP is bound for another outrageously massive rise for a possible 800-1000 pip play from the current range of 205.0
Interim target set at 214.0
TAYOR.
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Upside continuation from the current range.
Strong buy.
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Daily data update:
GJ is inching closer to the heatzone / breakout point area.
It is now preppin for the next series of ascend en route to 200 levels.
Massive numbers ahead.
Factor it volatility / place safety always.
Spotted at 191.0
TAYOR.
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Daily data update:
Price movements are getting thinner.
This is ripe for a good short squeeze to 193.0
Spotted at 190.7
TAYOR.
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We hit first target!.
More upside continuation is expected here.
Ultimate target would be the recent far peak at 200 zone.
TAYOR.
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Daily data update:
GJ retracted to a new higher low base back to 187 zone.
Now it's doing another attempt to the upside with prospect of +500 pips - a retap of previous resistance at 192.0.
TAYOR.
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It's time. GJ is going at it.
186.0 current price now.
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