#GBPJPY @ 173.483 bulls eye the 175.00 level.
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
- GBP/JPY bulls eye the 175.00 level.
- 173.00 is key support and eyed on the hourly correction.
GBP/JPY is well on its way towards the 175 area having climbed sharply in a continuation of the 2023 bullish trend. The following will illustrate prospects for the price meeting 175.00 in due course.
175.00 was a key resistance in 2016.
The start of the week has seen the bulls in control with little signs of a deceleration so far.
The trendline support remains intact, so far.
The hourly chart shows that the price is moving to the backside of the trend but should the bulls commit to above 173.00, there will be prospects of a continuation of the bullish trend.
[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group
