by Vivek_Samale | Mar 25, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is showing perfect long trade with help of Fibonacci retracement . GBPJPY pair has bounce back from its bottom and retrace according to Fibonacci levels also it has form ascending triangle pattern at bottom if it breakout from ascending triangle pattern from we...
by Ryan Lopes | Mar 24, 2020 | Forex Trade Ideas, GBPJPY
Hi guys, here is our analysis for GBPJPY . As we can see that the pair is close to its strong resistance ( The resistance line is taken fro D1, the pic is in the comment section) it will be interesting to see if it breaks it or not. If it does break it the pair can...
by Ryan Lopes | Mar 19, 2020 | Forex Trade Ideas, GBPJPY
Hello guys, here is our analysis on GBPJPY . As we can see that the pair was in a rectangle channel for a long time and now has broken out of it. It started its journey on upward side. As you can see in the chat that the black line is the possible move that it the...
by Vivek_Samale | Mar 19, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading at very bottom of very long term trend also it has long term support at current level. one can trade GBPJPY for long side from current level. if it breaks from rising Wedge . as pair has history of failed pattern one can trade for long with small...
by Vivek_Samale | Mar 18, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY has show some unusal pattern for forming bottom bottom 2 lower than bottom 1 and then shows bounce back for shorter time one can trade little risky trade for some handsome profit for long side. keep in mind to place strict stoploss and manage the risk and...
by Rishikesh Lilawat | Mar 17, 2020 | Forex Trade Ideas, GBPJPY
The GBP/JPY initially rallied during the trading session on Monday, but then plunged into the ¥130 level. This is an area of support zone but considering that markets are trading on technicals at this point, it’s about the global fear index. So as the price is trading...