Analytics and forecast based on GBPJPY round levels, price channels and altered wave analysis.
28/08/2019 Technical GBPJPY Forecast
A currency pair trading GBPJPY ranging round important level of 130.00. The breaking of the bottom of a fractal (level 129.74) give the formation of the descending wave level of the structure M30 in the overall downtrend.
Trade Idea GBPJPY:
GBPJPY selling below 129.74.
Stop Loss - 130.50.
Target levels - 129.00; 128.26; (126.80)
Author: Eugene Boguraev Grand Capital
Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.
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