WE HAVE NICE SELL SETUP ON GBPJPY TARGET N SL GIVEN ON CHART ..CORRECT ME IF I AM WRONG.
REGARDS
Kommentarer
prashantfx
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Yeah you are right dis pair have some strength but i stick with my plan and am sure we will get our target soon.. :-) good luck
giankee
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Thanks! Good luck to you too. Shorted earlier on, will see how it plays out. Cheers.
giankee
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Plenty of sideways action on the pair with narrow range. Shorted a few here and there for 30-40 pips each time since it wouldn't give me much more than that. Are you still involved?
prashantfx
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Yeah still am short in dis pair and am sure we will get our target soon :-)
giankee
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I also looked at GBP/USD for some more insight...found that both pairs (GBPUSD & GBPJPY) are trading within some sort of falling wedge and they're both near resistance so I guess we'll find out soon whether GBP goes south or not :-) Cheers.
giankee
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Trend line looks rather evident to me. So far the pair seems right on its way to test the trend line again today, there seems to be some strength, any news out anytime soon? Risk/reward looks appealing.