Subscribewe look for the formation of a fresh medium-term higher low around the psychological barrier ahead of the next major upside extension back towards and eventually through 140.00
Thread: Gbp/Jpy
we look for the formation of a fresh medium-term higher low around the psychological barrier ahead of the next major upside extension back towards and eventually through 140.00
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-08-15), Hamzagoroo (2019-03-23), Sahilkhan75 (2020-07-10), zainm6050 (2019-05-10)
Trading range for the day is among the major support at 121.10 and the major resistance at 126.65. The short term trend is to the downside targeting 112.00 as long as 150.00 remain intact.
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Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
Ultimately, only a weekly close below 125.00 would delay and give reason for concern, while a daily close back above 128.00 confirms bias and should accelerate.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
as we can see from the hourly chart , the pair has failed in breaking the resistance level of 130.00 and bounced from it , so the down trend is expected and the pair maybe head to 129.60 then 129.20
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
we will hold onto our expectations for a downside bias today targeting initially a breach of the range support. Steady trading below 125.05 is required for our expectations to remain possible.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
The GBP/JPY bottomed during the European session at 123.94 but it reversed and turned to the upside. Supported by an improvement in risk appetite the pair rose recovered ground and rose to test an important resistance level at 125.00.
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Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
Market setbacks have been very well supported on dips below 125.00 and we look for the formation of a fresh medium-term higher low around the psychological barrier ahead of the next major upside extension back towards and eventually through 140.00.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
the pair and as we can see from the chart has closed it's daily candle under the level of 125.00 , so , that's mean the down trend is still standing and the pair is heading to 124.50 then 124.20
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-06-09), Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
the pair has closed under 126.00, that's mean the down trend is expected and the pair might head to 125.30 then 125.00 , however the pair made a hourly correction
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
the pair is trading under the level of 125.00 , any way if the pair succeeded in breaking 125.00 , it will continue in it's up movements heading to 125.40 and then 125.80
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-03-23), zainm6050 (2019-05-10)
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