Forex_League

GBPJPY Analysis Sept 6, 2020

Long
FX:GBPJPY   Livre sterling / Yen japonais
On the weekly timeframe we are seeing signs of rejection of the 200 day moving average. On the daily timeframe we are still in a strong uptrend. The h4 timeframe is really where we are seeing any opportunities. We just showed a larger rejection of the previous resistance level and could head higher here. We need to wait on a break of lower timeframe resistance and which will be a higher timeframe bullish variation.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.