UGTraders

GBPJPY - Lost momentum!

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UGTraders Uppdaterad   
FX:GBPJPY   Brittiska pund/Japanska yen
During this week, really the market haven't any liquidity which reflects how speculators are hesitated so in every direction we lose the necessary momentum to carry the prices..


GBPJPY lost momentum and it's expected to plunge, you could confirm the downtrend by breaking the support level..


To be updated...
Kommentera:
We will have a support level at 137.60, prefer to gain your profits and re-enter the market after breaking this level,

I'll update the analysis tonight
Kommentera:
The market is about to break the support level, if it succeeded in doing so, we will continue the downside, keep an eye.
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