Weekly bearish we rejected 190 key level and will go to 174 long-term trade. The last daily candle didn't close a strong bearish, but daily we started a downtrend that we can see even better on H4. Daily must create a new lower high in relationship with the previous High in daily, and from there we going to be able to run for 174
Analyse on GBPJPY Consolidation in H4 since 15/8/24 until this day. I few weeks ago we had a consolidation in H1 of a range od 135 pips, and after the break of that consolidation the price moved up de double of the amount of pips from the consolidation that the price broke. H4 consolidation 304 pips ...
Analyses in different timeframes All the details are in the video. I'm writing this because I must do it. All info on the video
If inflation in Japan heats up, it could have several effects on the GBP/JPY currency pair: Yen Appreciation: Higher inflation may prompt the Bank of Japan (BoJ) to consider tightening its monetary policy, such as by increasing interest rates or tapering its bond-buying programs. This would likely strengthen the yen because higher interest rates make the currency...