Analytics and forecast GBPJPY pair based on the circular level, price channels and altered wave analysis.
Technical outlook GBPJPY 06.02.2020
Trend in the GBPJPY pair observed downward. Formed a false break the previous high. Perhaps now it formed a reversal pattern "head and shoulders". Just break through the neckline give the formation of the descending wave structure within the overall downtrend GBPJPY. In Awesome Oscillator indicator formed bearish divergence.
GBPJPY recommendation today:
Trader GBPJPY selling below 142.21.
Stop Loss - 143.37.
The goal - 141.06
Analytics 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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