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Attachments: GBP/JPY
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GBP/JPY

Daily Analysis.. 02/05

Potential buys on close above 163.716
Potential sell on close below 163.024
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Low Spreads/Commission.. https://go.vantagefx.com/visit/?bta=40917&brand=v
not a very strong buy area
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Break out of the trandline we must expecting bullish momentium after the reserve bank of austrlia hike its intrest rates to 0.35%
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Quoting crow
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mate.
i also used this indicator but it always painted me again.
??
Expect liquidity below 159.0 to be a price magnet going in to next week.
Took my profits way too early today
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GJ just broke off an ascending wedge, momentum was building and in my own opinion opinion I think its heading up
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its my plan
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id get ready to go short...its getting ready to break its trend channel!!!!
with an eveningstar formation keep an eye on it.
Yesterday and today was "HUGE"!! The GBP/JPY broke through the Weekly Fibonacci 38.2% (¥165.673) and today finally it broke through the Monthly Fibonacci 38.2% (¥168.104) and it did not stop there, it went on ahead the pierced the Daily Fibonacci 61.8% (¥168.467) today. A good day indeed.
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Low Spreads/Commission.. https://go.vantagefx.com/visit/?bta=40917&brand=v
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update
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Hello,

Just my two cent , GBPJPY long term trend still in tact so ,buying dip is a smart strategy to adopt as the pair is building momentum to resume upside buying power again.

Thanks
I always knew that someday I would make it big
Quoting forexer
Hello, Just my two cent , GBPJPY long term trend still in tact so ,buying dip is a smart strategy to adopt as the pair is building momentum to resume upside buying power again. Thanks
Yea, longs seem to be the big movers now, but I'm short from 167.50 from last week. Will ride it until it reverses again.
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