GBPJPY Idea
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100 pips short. Then let's see if this will continue going up or will break the uptrend.
GBP has been bullish for months now, while JPY show weakness. Both GBP and JPPY fundamentals affected the movement of this pair.
From March 2020, the pair has been uptrend giving us pullback in 2020.
However, beginning this year, GBPJPY continued its trend upward with only few spaces for pullback.
It broke the 1hr trendline, which may give the pair the reason to have pullback until 146.457.
If it breakdown the trendline, we may expect pullback until it touches lower trendline.
If it bounces from the higher trendline, the pair might continue going up.
Please comment your feedback / idea.
GBP has been bullish for months now, while JPY show weakness. Both GBP and JPPY fundamentals affected the movement of this pair.
From March 2020, the pair has been uptrend giving us pullback in 2020.
However, beginning this year, GBPJPY continued its trend upward with only few spaces for pullback.
It broke the 1hr trendline, which may give the pair the reason to have pullback until 146.457.
If it breakdown the trendline, we may expect pullback until it touches lower trendline.
If it bounces from the higher trendline, the pair might continue going up.
Please comment your feedback / idea.
Nota
Closed. GBP is still very bullish. Will look for some short opportunity at 149 levelDagangan ditutup: hentian tercapai
Penafian
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