ForecastCity_ME

💡Don't miss the great sell opportunity in GBPJPY

Short
FX:GBPJPY   British Pound / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested resistance line (150.35).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.14.

Take Profits:
TP1= @ 149.35
TP2= @ 149.00
TP3= @ 148.15
TP4= @ 147.45
TP5= @ 146.50

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

thanks
+1 Reply
ForecastCity_ME tammyddaniels9
@tammyddaniels9, You're very welcome! We hope you enjoy it.
Reply
Nice chart. Thanks
+1 Reply
ForecastCity_ME sofi_Morphy
@sofi_Morphy, Most welcome
Reply
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