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Gbpjpydaily

GBPJPY reversed from resistance, potential drop! GBPJPY reversed off its resistance at 137.124 where it could potentially drop further to 136.067. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
GBPJPY reversed from resistance, potential drop!GBPJPY reversed off its resistance at 136.537 where it could potentially drop further to its 135.826. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
by Pepperstone
May the force be with you ;pFormed we have a good trend line ( TL ) now price is been pushed into our red zone which is previous support, we are expecting 1 more test of this area and then price to break through this TL. We have had weeks of bearish movement from this pairing, but now with May resigning we personally are expecting GBP to strengthen slightly which will cause this strong TL break. Now with May gone lets hope the UK can wake up and sort Brexit out and strengthen GBP again.
by ApexFX_Pro
GBPJPY at Major Demand Area: BIG BUY if Support HOLDSAfter dropping for almost TWO WEEKS, it would be interesting to see if GBJPY manages to Stage a comeback. Price has hit a Major DEMAND AREA on the Weekly Chart. We need a couple of Constructive BREXIT related News and Improved RISK APPETITE this week to push GBPJPY higher. So, in case of POSITIVE DEVELOPMENTS, as mentioned above, Swing Traders can definitely BUY at 139.50 area with SL below 138. TPs can be set at 143.80 and 148.50.
Long
by TraderAvDM
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