GBPJPY Buyers are strongly supported
Strategy for Buyers
GBPJPY
🔥The
GBPJPY
pair oscillates in a narrow range above the 1.2600 mark during the early Monday’s Asian session. The major pair currently trades near 1.2628, gaining 0.01% on the day.
🔥Traders anticipate that the Bank of England (BoE) is likely to raise 25 basis points (bps) in the upcoming meeting. The BoE Chief Economist Huw Pill noted last week that inflation in the UK remained too high and that many measures are in place. BoE’s aggressive tightening of monetary policy might put some pressure on the British Pound (GBP) since investors are concerned about the effect on the UK economy.
🔥The data released last week revealed that August was the weakest month for British factories since the beginning of the COVID-19 crisis. The S&P Global/CIPS Manufacturing PMI came in at 43.0 In August from 45.3 in July. The figure marked the six consecutive months below the 50 threshold.
GBPJPY
🔥The
GBPJPY
pair oscillates in a narrow range above the 1.2600 mark during the early Monday’s Asian session. The major pair currently trades near 1.2628, gaining 0.01% on the day. 🔥Traders anticipate that the Bank of England (BoE) is likely to raise 25 basis points (bps) in the upcoming meeting. The BoE Chief Economist Huw Pill noted last week that inflation in the UK remained too high and that many measures are in place. BoE’s aggressive tightening of monetary policy might put some pressure on the British Pound (GBP) since investors are concerned about the effect on the UK economy.
🔥The data released last week revealed that August was the weakest month for British factories since the beginning of the COVID-19 crisis. The S&P Global/CIPS Manufacturing PMI came in at 43.0 In August from 45.3 in July. The figure marked the six consecutive months below the 50 threshold.
Comment:
BUY GBPJPY 185.050 - 184.900
SL : 184.450
TP 1 : 185.300
TP 2 : 185.600
TP 3 : 186.000
SL : 184.450
TP 1 : 185.300
TP 2 : 185.600
TP 3 : 186.000
Comment:
HIT TP 1. YEAHHHHHH GREAT!!!
Trade closed: target reached
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NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/Novascalperchannel
Related Ideas
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest