reobillionaire

GBPJPY can still be bullish

Long
OANDA:GBPJPY   Livre sterling / Yen japonais
So as you can see the chart GBPJPY is in the parallel line for now even though there was very strong dip.

What we can say about this is that,Be careful when you short and Personally i will start shorting after 143.259line got broken down.

BUT for now i am looking more forward about making long position after the break out of 145.00 clearly.

145.00 line is very strong since it was the second highest point in this long term bullish trend.


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