What a crazy rally ! We are at 173.950 and doesn't seem weak... Next level : 174.270 but we will break it I think. I'm waiting 175.360...

GBP/JPY

Yes, possible, low volumes but doesn't fall yet...

GBP/JPY

I follow the smart money . That is not sick, it is the way we can make money : let run and reinforce profits, cut losses quickly. 169.500 was a reversal and 171.000 was defended, no risks. Sylvain Duport made +8400% in 6 months like this... We are ...

GBP/JPY

Thanks to volume, I bought 169.500 and then reinforced at 171.000... I stay long.

GBP/JPY

GBP/JPY = pip maker and trend is not exhausted yet... now go to 173.950.

GBP/JPY

172.545 broken. Next key level : 173.300.

GBP/JPY

I'm not sure... I expect prices to go higher... We broke the downtrend and prices are consolidating at 170.970. It doesn't seem bearish to me... volumes push prices up.

GBP/JPY

We didnt break the trend line yet, but it is possible that the oversold downtrend line will act as a support and in this way we will have a higher low inside the structure... It is exactly a 61.8% retracement.

GBP/JPY

The reaction which began at 169.600 is pretty strong... This trend is pretty healthy, higher volumes, looks like a break out....

GBP/JPY

Hi Petar, Where do you get these volumes data ? I have bad volumes from MT4. I use Currenex datas from LCG FX. Best regards,

The ART of trading by Petar_Serbia

170.970 is the resistance. . Let see what happen there.

GBP/JPY

We had a huge gap on GBP pairs... We broke the oversold trend line, test it on low volume and continue to fall down. Next Daily support 168.400

GBP/JPY

Yes, we had a strong buy reaction (but on low volumes...) as I thought at 171.680 but sellers are definitely very strong... Prices won't go back into the channel... We are now going to 170.800. I know that donwtrend is strong but we already had high ...

GBP/JPY

I expect a reaction at 171.680. Triple bottom ?

GBP/JPY

172.450, target hit. The key level will be 173.250 in my opinion...

GBP/JPY

Hesitating between 3 scenarios : -#1 : a 3rd wave of uptrend -#2 : We will complete the Head and shoulders pattern : bounce on 172.450 and stopped at 173.250 -#3 : We will complete the Head and shoulders pattern : bounce on 172.450 and stopped by ...

GBP/JPY

I ask you this because sometimes people say "sell" or "buy" and they are wrong.... That's why it is better to give the reason in order to see why... Anyway, I had the top 173.950 with technical analysis. Finally prices came back to the next daily ...

GBP/JPY

Prices definitly don't want to fall. It seems that we have a bullish triangle. So we can expect an accumulation for the next hours... and maybe go back up... to 175.350, but I expect more if the third wave has the same length...

GBP/JPY

Target 173.950 hit... What next ? I think it could be a good place for a short but this pair is so bullish that we have to wait and see how prices react to this resistance...

GBP/JPY

Can you explain why ? Do you have a target ?

GBP/JPY