GBP Is In A Downward Maelstrom
GBPJPY collapsed last Friday after a prolonged consolidation phase. It is likely that this trend will continue. We expect the price to fall further to at least 190.70, and prices below 188 cannot be ruled out given the current downward momentum.
Trade closed manually
Trade closed with small loss, but far away from SL. GBPJPY seems to be stable - for now.
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.
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.