GBPJPY Completed a Bullish Triangle Pattern

24 Apr

GBPJPY Completed a Bullish Triangle Pattern

A breakout from this triangle pattern signals strong bullish movement.

The expected price movement suggests two key targets—190.55 ; 191.30 and 193.20

Given the current price at 189.65, the upward projection implies bullish sentiment and increasing buying pressure.

The only enemy of this clear bullish setup is BOJ.
Seen only from a technical point of view, GBPJPY has a great setup.

You may find more details in the chart!
Thank you and Good Luck!

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25 Apr

Dagangan aktif

GBPJPY +150 pips and near to the second target

25 Apr

Nota

+150 pips and it should rise even more in this way. GBPJPY is near to the second target.
UK March retail sales +0.4% vs -0.4% expected. These strong data could support GBJPY to rise further. The second target is to near but it may extend even for the third target today.

25 Apr

Dagangan ditutup: sasaran tercapai

2 Mei

Nota