GBPJPY 1:12RR... DONT MISS THIS
Hi Traders
Please see our above analysis on Gbp/Jpy.
We have been watching this all week and today is the day we believe GJ is going to break down and reverse.
Please see our position which we intend to take when triggered. Note this is a risk on entry and if you would like to enter under a scenario please wait on a confirm lower high or equal high followed by a confirmed lower low.
However we will be taking this risk on entry and if dont get the intended reaction we will be looking for a shorting opportunity at the next point off interest indicated on the chart.
Trade safely and remember 1% is always enough.
The Fx Chartist
Please see our above analysis on Gbp/Jpy.
We have been watching this all week and today is the day we believe GJ is going to break down and reverse.
Please see our position which we intend to take when triggered. Note this is a risk on entry and if you would like to enter under a scenario please wait on a confirm lower high or equal high followed by a confirmed lower low.
However we will be taking this risk on entry and if dont get the intended reaction we will be looking for a shorting opportunity at the next point off interest indicated on the chart.
Trade safely and remember 1% is always enough.
The Fx Chartist
Note
On February 14th the bank of japan will buy unlimited 10 year Japanese government bonds. Thats why we have seen this unexpected JPY weakness coming into the market. will be looking for another entry on this pair!
Note
This is looking more likely due to the JPY bond release spiking us out!
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.