GBP/JPY another bounce is possible
The GBP/JPY should make a bounce from the 88.6 zone as the price is still technically bullish
The POC zone for the GBP/JPY is exactly within 140.12-30. We should see an upmove whichshould be signalled if the price starts to reject from the zone. Targets are 141.42, 141.60 and141.90. Only a drop below W L5 camarilla 139.38 could make the price bearish again.
The analysis has been done with the CAMMACD.Core System.
For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.
Reprinted from FXStreet,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.