Thread: GBP/JPY: Continuation?
#1
GBP/JPY Bearish: Currently, we are at 142.72 in a flag pattern inside a range. A continuation here would target the ATR Target at 141.52 area. There is a double bottom at 141.25-hold for that. The average daily true range (ATR) for the pair currently is 145 pips with a 180-day ATR of 119 Pips
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#2
It would be nice to keep threads like this alive.
Only one post so far is heavily disappointing.
I can try to make things better...
My sentiment is that G/Y should push to 135.5 in following days.
I could be wrong... so I'd like to hear some of your opinions.
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