Allmypips

Limited Bullish and correction towards 133.10 level

Длинная
FX:GBPJPY   Британский фунт / Японская иена
The UK parliament yesterday, voted in favor for a law, saying that the UK can not leave the EU without a deal. That will likely mean a general election will be held on October 15. The outlook for no hard Brexit helped GBP, so GBP/JPY rallied strongly towards the first serious resistance at 130.70. We expect this resistance to hold the first test and a correction towards 128.19 before the next serious attempt to break clearly above 130.70 for a continuation towards 132.84.
Only a break back below 126.64 will reinstate the downtrend, but the potential downside should remain very limited.
R3: 131.80
R2: 131.54
R1: 131.17
Pivot: 130.70
S1: 130.16
S2: 129.15
S3: 128.67
Trading recommendation:
We bought GBP at 129.85 and we will take 50% profit here at 130.54 and keep our stop at 126.50 for the remaining 50%. We will re-buy GBP at 128.25 if possible.


Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.