GBPJPY - GOOD SUPPORT !

GBPJPY stands in front of good support level that could bounce the price back !!!

USE VERY TIGHT STOP LOSS BELOW THE SUPPORT LEVEL FOR A BULL POSITION, IF THE MARKET BREAK BELOW IT (WITH MOMENTUM) REVERSE YOUR TRADE!


to be updated...

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You can better adjust your trade with this trendline

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We will keep an eye the following hours and see if the market will accumulate for higher prices or it will turn out to be distribution.

Let's see the the upcoming fundamentals....

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Looks like we will have a distribution, but lets wait for a while and see