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Poundyen

Counter trend break and retestPound weakness needs to be capitalized on. The political uncertainty around Brexit is at an all time high and the pound is showing weakness despite strong employment and CPI data sets. Technically the currency pair is exhibiting strong bearish signals. On the daily timeframe price has dropped below the 50EMA and 200EMA signaling a high probability of a continuation after the retest of the broken trendline. For more information please visit my youtube video.
Short
by YaroslavBirchenko
1
GBPJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=145.95. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=145. TP4: S2=144.5. Set the stoploss of these orders at breakout of R2=146.35. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=146.35. In this situation, there is an expectation to reach the target R3=147.6. Set the stoploss of reverse orders at breakout of R1=145.95. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Short
by ForecastCity
5
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=145.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.95. TP4: R2=146.4. Set the stoploss of these orders at breakout of S2=144.8. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=144.8. In this situation, there is an expectation to reach the target S3=143.7. Set the stoploss of reverse orders at breakout of S1=145.05. If you would like to trade in the next 24 hours, the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.45. TP4: R2=144.2. Set the stoploss of these orders at breakout of S2=141.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=141.95. In this situation, there is an expectation to reach the target S3=140.85. Set the stoploss of reverse orders at breakout of S1=142.2. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.5. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.55. TP4: R2=143.85. Set the stoploss of these orders at breakout of S2=141.9. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=141.9. In this situation, there is an expectation to reach the target S3=140.45. Set the stoploss of reverse orders at breakout of S1=142.5. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=138.55. In this situation, there is an expectation to reach the target S3=137.5. Set the stoploss of reverse orders at breakout of S1=138.75. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=138.55. In this situation, there is an expectation to reach the target S3=137.5. Set the stoploss of reverse orders at breakout of S1=138.75. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
GBPJPY Idea to go longGot a pretty nice set up here on the GBPJPY, GBPUSD is forming a bullish harmonic as well which bodes well for our outlook. We are approaching daily support, we already have a major wick rejection 3 candles prior around the 143 region. We have completed two bullish hamronic, RSI is creeping to oversold, Once candles show me some bullish strength I'll be looking to go long, Typically take profits are at 38%, 61% and 100% of the A to D moves. I'll be looking to hit the more aggressive tp's this time. Enjoy!
Long
by elevatedinvestor
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=147.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148.6. TP4: R2=149. Set the stoploss of these orders at breakout of S2=147.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=147.3. In this situation, there is an expectation to reach the target S3=146.2. Set the stoploss of reverse orders at breakout of S1=147.55. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
GBP/JPY *BUY*Visual 1 First trade for new project. I will be looking to grow a £500 account to £5,000 in the next 4 weeks. I will be documenting my trades on here to look back on as a memory and to prove to anyone that it is possible. After this first project is completed i will then increase the starting balance to £2,500 and grow it to £50,000.... this is just the beginning so it will be interesting to see where this takes me by the end of the year. It is all just a vision to me but i want to test my own brain and ability to prove what can be done... ///
by Hirschle97
2