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    Thread: GBP/JPY: Continuation?

    1. #1 Collapse post
      tohamy4 is offline
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      GBP/JPY: Continuation?

      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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      bshappens is offline
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      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.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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