Jack_Brown

Month of April 2018 Forecast

Jack_Brown Updated   
FX:GBPJPY   British Pound / Japanese Yen


Pair is Negative as long as it is contained below 150.00 area
Watch the level of 149.05 – 149.00 If early clear break through the level happens price will be expected to touch the 147.00 – 146.00. If 149.05- 149.00 level holds aggressive attempts will be seen towards the 150.00 –151.00 area, if price is contained and get price below 150.00 we be looking at the range of 150.00 – 146.00 that range will be divided into two smaller rages of 150.00 – 148.85 and 149.05 – 146.00

This month can be of aggressive price action nature.

Comment:
Monthly idea will be updated in case if any forecasted range level is broken
Comment:
New high of 150.33 15:30 hrs New York Time of Wednesday April 04, 2018 is opening high range to 150.50 , if price is contained below, then look for a run to 149.80's area, break below 149.80's will open door to 149.50's area, will monitor the pair this way for the rest of the week of April 02 - April 06
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.