Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBP/JPY LOOKING TO RECLAIM PRE GAP HIGHS
British Pound / Japanese Yen
Long
GBP/JPY LOOKING TO RECLAIM PRE GAP HIGHS
By JoeNeilCarey
Follow
Follow
Jul 2, 2015
1
Cheer
Cheer
1
1
Jul 2, 2015
AFTER A BREAK OF THE TRIANGLE/DOWNTREND, GBP/JPY APPEARS TO BE BULLISH AND OFFERS UP A DECENT RISK TO REWARD TRADE.
ON THE 4H CHART THE 150/16 DAY MA'S HAVE TURNED AWAY FROM EACH OTHER FOR THE TIME BEING, INDICATING A POTENTIAL CONTINUATION OF THE LONG TERM UPTREND.
TARGETS CAN BE SET AT 193.90's, A BREAK OF THIS LEVEL COULD LEAD TO AN EXTENSION OF 194.35, THEN EXPOSE THE PREVIOUS HIGHS OF 195.80's
buy
Forex
GBP (British Pound)
GBPJPY
intraday
jpy
LONG
Moving Average Convergence / Divergence (MACD)
Momentum Indicator (MOM)
Moving Averages
priceaciton
profit
range
Relative Strength Index (RSI)
support
Support and Resistance
Trend Lines
Triangle
JoeNeilCarey
Follow
Follow
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
.