by Rishikesh Lilawat | May 11, 2020 | Forex Trade Ideas, GBPJPY
Currently, GBP/JPY is trading at 132.75. The pair started a new up trend on 8th May after breaking resistance level at 131.62. The price is in down trend from 1st May and now started a new up trend after breaking resistance. It has already hit the first target at...
by Vivek_Samale | Apr 30, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in range-bound movement. We might see this consolidation to continue for some more time, moreover one can take buy or sell call on GBPJPY at support or resistance level of consolidation range, respectively. Once the pair breaks out from the...
by Ryan Lopes | Apr 28, 2020 | Forex Trade Ideas, GBPJPY
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair gave a breakout from its symmetrical triangle and will go down. Let us...
by Rishikesh Lilawat | Apr 27, 2020 | Forex Trade Ideas, GBPJPY
Currently, GBP/JPY is trading at 133.15. The pair started a sideways trend on 12 April after rebounding from the resistance level and now the price is consolidating in the resistance and support wedges . If the price breaks the resistance level at 135.45, then it may...
by Ryan Lopes | Apr 23, 2020 | Forex Trade Ideas, GBPJPY
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, GBPJPY is currently inside Symmetrical triangle and it is close to a breakout....
by Vivek_Samale | Apr 23, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is Forming Head & Shoulder Pattern, which indicates that trend might get reversed from the current price level. As it is slowly forming head & shoulder pattern, we might see some consolidation before getting a big downside move in GBPJPY one can trade...