Home About the company Daily reviews GBP/JPY Trading Analysis (07/02/2024)

GBP/JPY Trading Analysis (07/02/2024)

The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

GBP/JPY chart

Trading idea:

Buy at the breach of 186.56.

Stop-Loss at 186.16.

Target price levels at 187.00 and 187.50.
 

#gbpjpy #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?