Double top stalled the bulls...

GBP/JPY

Probably we'll not cross today 127.3, i agree with bullish view, this week i expect one or both of those arrows...There is a talk again about intervention...

GBP/JPY

Good luck, I hope you will get BE. But this looks very bullish to me... 125.5 is finally behind, price came down twice to test it, now climbing. I would say we still have about 250 pips ahead, don't know, not in straight line I guess...

GBP/JPY

I wonder if it is broker related, on Oanda I get negative swap for long, on fxpro I get positive

GBP/JPY

Price hit 20 EMA on Weekly, shoul act as support.

GBP/JPY

Maybe...but I am expecting 130.5 area minimum, posibly up to 133.5 area or even further. It looks very bulish to me...

GBP/JPY

Does anyone know what made a recent push up on all jpy pairs?

GBP/JPY

I would say a possible correction coming down the road. 126.4 area would be 38.2 fibo retracement of yesterdays bar or 23.6 fibo retracement of the recent low. Jap's have a bank holiday so basically anything can happen, but Inside Daily bar would be ...

GBP/JPY

Hmm... Price came down to 125.5 for quick retest and looks like climbing again, maybe it is going to stop at 126.5 area and came down to 125.5 but I doubt it. Not for some time. 125.5 looks like a major pivot zone. If it is any comfort to you, my ...

GBP/JPY

From FT.com: "Six Chinese state vessels entered territorial waters around the Japanese-controlled Senkaku islands early on Friday..." This could be potentially very dramatic. Not only can Chinese stop buying Japanese products but Chinese can stop ...

GBP/JPY

Price bounced very nicely from the 2 Trendlines, it's the morning hours and we are currently over 125.5 already. I hope this will continue up and we finally get rid of this annoying 125.5 and even more annoying 45 pip ranging

GBP/JPY

Big risk unless you are an experienced trader and trading 1M account (not me) I have seen new traders killing 400k account in a few weeks, so the size of the account is irelevent, MM is relevant ALWAYS. Everything what you said is important, ...

GBP/JPY

TradingCentral?

GBP/JPY

I assume this is demo account? I see you are new trader, playing with 8 standard lots as a new trader will probably quickly empty your account...

GBP/JPY

What if pair is short term descending? What if recent moves up were just 61.8 (first push) and 50.0 (second push) retracements? I also see it bullish mid term/ long term.

GBP/JPY

My view (but I am just learning, what do I know)... mid term (a week or two) we'll be in a range or down in a Triangle, Long term Up.

GBP/JPY

Crazy market... There might be a Bearish channel forming or perhaps Bullish flag pattern... This pair moves less and less and less. If I remember correctly, only once in 9 years pair moved less then this week, it was about 98 pips (this week 111 ...

GBP/JPY

@ mrroboto @ Mpt In your analysis, is there a Price level where you would say that Price has other intentions and Long is not valid anymore? In my view, if Price crosses 124.4 short is absolutely invalid.

GBP/JPY

About the "cup" theory, does it give any projection of the price movement after the handle? Like TP level?

GBP/JPY