GBPJPY Idea
G'day Guys
Today let's check GBPJPY. As expected every year's OCT was not good for JPY. To know the reason read about JPY GDP news for fundamental and market sentiment.
Technically, this pair currently retest the weekly supply zone/swap zone. I personally expect the price heading for correction or reenter for a huge range sideways between $163 and $124 price level. If you guys understand these pair characters, it's easy for you to trade.
From this analysis, we might see double top forming before price return back to 149.149 price level. Unless the solid breakout on Weekly Supply Zone, we will reanalyse this pair for further predictions. Let's see what gonna happen next...
Dance with the Markets
Today let's check GBPJPY. As expected every year's OCT was not good for JPY. To know the reason read about JPY GDP news for fundamental and market sentiment.
Technically, this pair currently retest the weekly supply zone/swap zone. I personally expect the price heading for correction or reenter for a huge range sideways between $163 and $124 price level. If you guys understand these pair characters, it's easy for you to trade.
From this analysis, we might see double top forming before price return back to 149.149 price level. Unless the solid breakout on Weekly Supply Zone, we will reanalyse this pair for further predictions. Let's see what gonna happen next...
Dance with the Markets
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.