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TheBankTrader
Feb 19, 2016 5:41 AM
GBPJPY Buy based on Bullish Divergence
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FX:GBPJPY
240
British Pound/Japanese Yen
FXCM
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Feb 19, 2016 5:41 AM
Price is in the over sold region on the 4 hourly and daiy chart. Place a pending buy at 161.686 as i am expecting price to retrace before going up. Stop loss is at nearest support which is 159.988 and take profit is 164.07.
GBPJPY
Bullish Patterns
Divergence
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