GBPJPY BREAKOUT OR NOT
Trading currencies is a game of numbers, how many trades you take and how much risk you take on each. Do not be discouraged by a losing trade, for there are bound to some losing trades. Last week GBPJPY broke out of a trading range and is testing the upper limit of this boundary. This is a zone of interest, great trades historically begin at these zones, will it stay out of its previous zone or continue pushing up?
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.