DariusAnucauskas
Short

GBPJPY - Daily - Somehow I doubt the Pound strength.

FX:GBPJPY   British Pound / Japanese Yen
This is a great pair to trade.

If you managed to "guess" the direction, then it provides you with an awesome ride either up or down.
At the moment, it looks like it would need to recover for a bit and bounce to the upside. Maybe so... But looking at the price action, I believe that there is still some potential to the downside. I think I will be able to evaluate this better, once it re-tests that big trend line again. And I believe that this could happen.

I think this area, where it is ranging right now, is quite tricky and soon the pair will show us its direction.

For now, i am SHORT. But let's wait and see what happens.

As always, keep an eye on the price action!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out