Tuesday, September 26, 2017

GBP / JPY 26 September 2017


Famous Technical analysts like Christopher Lewis "www.fxempire.com" are optimistic towards the GBPJPY, they saw that price will continue higher & call for long position as the GBPJPY breaks psychological resistance "150" upwards which turns to support which acts as price floor ! & they don't stop talking about the GBPJPY price gape bla bla bla ..  but I have another opinion .....

Ok .. I see the  GBPJPY  now forming reasonable peak & it is heading to 140 downwards ! & on that way it will face 148-149 area as a support may form nice correction upwards but still heading downwards thereafter.

So I will go "short" waiting close signal.

No comments:

Post a Comment