• Home
  • Ideas
  • GBP/JPY Trades Above 193, Target 195
Ideas Gurutrade

GBP/JPY Trades Above 193, Target 195 by Chester for July 23, 2015

idea_image

GBPJPYH4

GBP/JPY has recouped in the wake of making a low of 192.28. It is right now exchanging at 193.70 and made a high of 193.95 yesterday. The short term trend is bullish as long as support holds 193. Any break beneath 193 will drag the pair further down till 192.60/192.25. On the higher side minor resistance is around 194 and a break above will augment increases till 195/195.60. It regards purchase at plunges around 193.75-80 with SL around 193 for the TP of 195/195.60


To leave a comment you must or Join us

  • avatar-1186
    • #

    Very ambitious and smart idea, unfortunately it hasn't worked. Maybe next time.


Back to ideas list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree