British Pound / Japanese Yen

Long

GBPJPY Insight (Aug 17) NY Session

By TensaiTrader

Updated

After 5 days of just trickling down, price has potential to bounce at the .618 fib level since RSI is at over sold territory.
Must make a reversal pattern, correction, and then a break of the next high for an upward move.

SL below 149.

Note

Price made a low at support and reversed. looking to buy

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.