GBPJPY Room For a Downside Movement
What we find in this asset is a break from the trend line that has served as support for a while. This disruption is a clear indicator of a possible change of trend. Something that could be quite profitable as we are expecting further downside movement towards the 144.000 level and possibly around to 137.010 wich represents a important fibonacci level (61.8%).
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested.