GBP/JPY 27/08/2019
MY BIAS FOR GBP/JPY IS LONG, THE REASONING BEHIND THIS IS BECAUSE GBP/JPY HAS TOUCHED THE WEEKKLY SUPPORT AREA AND PRICE HAS REVERSED IN THAT AREA AND ITS FORMED A ASCENDING CHANNEL. I WILL WAIT FOR THE RETEST OF THE ASCENDING CHANNEL BEFORE I ENTER AND POSSIBLY GIVE THIS PAIR A 50 PIP SL TO GIVE IT SPACE IN THE MARKET AS THIS IS FOR THE LONG TERM.
FUNDAMENTALS
THERE IS NO MAJOR NEWS FOR THIS PAIR
FUNDAMENTALS
THERE IS NO MAJOR NEWS FOR THIS PAIR
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.