kareni07

GBPJPY Outlook ! Time to sell !

Short
FX:GBPJPY   British Pound / Japanese Yen
In this post, we are going to check the pound-yen currency pair !

It seems that price is in a trading range, because by reaching the previous ceiling, the price momentum has decreased !
And on the other hand, we see the CAPS on price pattern ! And the other thing is that if the price can engulf its previous floor, we will have the QM pattern and our approval for the SELL transaction will increase !

Anyway, consider your own analysis !

good luck ! ;)
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