by Vivek | May 13, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in a falling wedge pattern. We might see further downside in GBPJPY , which can give good 50 or 60 pips profit for the downside. One can take short trade with a proper risk management system at the current level. If pair consolidates at the current...
by Ryan Lopes | May 12, 2020 | Forex Trade Ideas, GBPJPY
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is in middle symmetrical triangle. One can wait for breakout Let us...
by Rishikesh Lilawat | May 11, 2020 | Forex Trade Ideas, GBPJPY
Currently, GBP/JPY is trading at 132.75. The pair started a new up trend on 8th May after breaking resistance level at 131.62. The price is in down trend from 1st May and now started a new up trend after breaking resistance. It has already hit the first target at...
by Vivek | Apr 30, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in range-bound movement. We might see this consolidation to continue for some more time, moreover one can take buy or sell call on GBPJPY at support or resistance level of consolidation range, respectively. Once the pair breaks out from the...
by Ryan Lopes | Apr 28, 2020 | Forex Trade Ideas, GBPJPY
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair gave a breakout from its symmetrical triangle and will go down. Let us...
by Rishikesh Lilawat | Apr 27, 2020 | Forex Trade Ideas, GBPJPY
Currently, GBP/JPY is trading at 133.15. The pair started a sideways trend on 12 April after rebounding from the resistance level and now the price is consolidating in the resistance and support wedges . If the price breaks the resistance level at 135.45, then it may...
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