GBPJPY breaks above ceiling area

Technical Analysis

Author: Greg Michalowski | gbpjpy

Above highs from last week/Monday...


Above highs from last week/Monday...
The price of the GBPJPY is breaking above a key swing area between 142.188 and 142.322. The 142.322 was high prices from last week and again yesterday.  Breaking above is more bullish for the GBPJPY. 


Close risk is now 142.188.  Stay above that level keeps the buyers more in control.
For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose