After the last news and looking back for the last 8 days, we could have an oportunity to go long on the GBPJPY expecting that the last rebound of the price on the 233EMA be strong and go forward breaking the roof of the fall and reaching the 127% target on the fibo.
This could last a while, two weeks maybe. So, in the meanwhile we have to be careful and stay alert to close the position when we have to.
This could last a while, two weeks maybe. So, in the meanwhile we have to be careful and stay alert to close the position when we have to.