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cheminacci

GBPJPY A Lot More Bearish Potential

Short
British Pound / Japanese Yen (FX:GBPJPY)  
cheminacci Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY gbpjpyshort Weekly Charts Fibonacci Retracement Fibonacci cheminacci
3
1
gbpjpy gbpjpyshort weekly fibonacciretracement fibonacci cheminacci
Looking at the long term direction of GBPJPY on the Daily and Weekly charts. After doing a little analysis I'm thinking that we may see a small retrace back into the 173.00 levels before heading down towards 157.00. Will Definitely keep an eye on this.
Comment:
Looks like we got the retrace up to the predicted levels sooner than expected. Thanks to the BOJ news.
Trade active:
Target 1 hit
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