Get started
decentshaw

GBPJPY- Good R/R setup -long from Support

Long
British Pound / Japanese Yen (FX:GBPJPY)  
decentshaw  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators gj gjlong GBPJPY
7
1
trendanalysis chartpattern indicator gj gjlong gbpjpy
GJ is currently down. BOE raised its interest rates on Thursday by 50 BPS. GBP will get strength in coming week against its low interest rate currency counterpart (JPY). Expecting buying spree from mapped Support area or even from these levels. It will be good RR setup.

Share your thoughts

Regards,
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.