As per our last mind we asked you guys which pair you want and analysis for. The public has asked for GBPJPY. Here is our view.
As of now, GBPJPY is sitting at our PBA 2 (Pullback Area). If we break above 193.290 (October 1st highs) we will continue to the upside.
However,
If we break below our PBA 2 192.000, we could see a downside move to our PBA 1. Breaks below could also result in lower prices.
We advise you not to enter in any trades until breaks of either 193.290 or 192.000.
We will send out the update once a break happens.
KEY NOTES
- GBPJPY has fallen to our PBA 2.
- Important levels to break are 193.290 or 192.000.
- Break above 193.290 would confirm higher highs.
- Break below 192.000 would confirm lower lows.
Happy trading!
FxPocket
As of now, GBPJPY is sitting at our PBA 2 (Pullback Area). If we break above 193.290 (October 1st highs) we will continue to the upside.
However,
If we break below our PBA 2 192.000, we could see a downside move to our PBA 1. Breaks below could also result in lower prices.
We advise you not to enter in any trades until breaks of either 193.290 or 192.000.
We will send out the update once a break happens.
KEY NOTES
- GBPJPY has fallen to our PBA 2.
- Important levels to break are 193.290 or 192.000.
- Break above 193.290 would confirm higher highs.
- Break below 192.000 would confirm lower lows.
Happy trading!
FxPocket
Trade active
We have adapted to this trade. Buys are still active.
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.
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.