Britishpound
What's next for GBPJPY ?As long as price has not reached the resistance 142.700, (It may even go a bit higher now and just touch the line 142.700 but not pass it.) I predict a downward move for GBPJPY afterwards.
So if a downtrend starts, then we can set two targets:
133.050
126.600
Share your thoughts please. I'd love to read your comments.
Happy New Year everyone
Love you
What's the next move for GBPJPY?As long as price has not reached the resistance 142.700, (It may even go a bit higher now and just touch the line 142.700 but not pass it.) I predict a downward move for GBPJPY afterwards.
So if a downtrend starts, then we can set two targets:
133.050
126.600
Share your thoughts please. I'd love to read your comments.
Happy New Year everyone
Love you
What is the next move for British Pound / Australian Dollar?GBPAUD was bullish last week. I assume it will be bullish during the next week too.
FX:GBPAUD
The uptrend perhaps continues to the resistance 1.84500 (first target)
and if it can pass it, it may reach the line 1.92750 (second target)
Merry Christmas everyone.
Brexit gloom is potentially over = GBP will go upBrexit talks seem nearing to an end. The British pound has been chastised for the last 4 years for an event -Brexit- which has not yet really materialised. At a time when the USD is weakening against all major global currencies, GBP can be expected to move to the upside (TP near 1.43) on the back of successfully concluded Brexit talks. RSI seems positively backing this idea.
GBP/JPY Long target 141.000 levelI'm very much bullish on this pair with an overall TP of 141.000. GJ has been making new HH and HL for several weeks now doesn't look like it's slowing down. It's currently also at a major level of support and retracement level. I will continue looking for calls unless the market tells me otherwise.
GBP/USD, double TOP. Sell after a pullback. You will learn the best place where we can trade this instrument at low risk.
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GBPJPY - False break outTesting of the seller's area.
Testing of the mirror level.
Locally downward trend.
Movement potential R/R 1/4
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These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
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