Bullish base building up in GBP/JPY, Time to look for buys?
Hello traders, we are possibly witnessing the a consolidation and building
of a bullish base for GBP/JPY which will propel the price towards 185
and even 188 in the coming days.
Currently, I do not have any open positions in GBP/JPY. However, if price dips
towards the 100 day EMA level near 180, I would definitely consider a buy
entry.
of a bullish base for GBP/JPY which will propel the price towards 185
and even 188 in the coming days.
Currently, I do not have any open positions in GBP/JPY. However, if price dips
towards the 100 day EMA level near 180, I would definitely consider a buy
entry.
Note
Price is holding nicely above 182.50Note
100 pips profit hit with my buy update
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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.