As seen on the displayed chart, GBPJPY will go up slightly past the price of 139.857 at the 61.8% Fibonacci retracement level ratio, before finally going down. On the other hand, if the price continues to move up past the price of 140.450, it is likely that the price will continue to rise.
Trade active
It is time to sell GBPJPY now.
Trade closed: stop reached
The price has touched the stop point at 140.200.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.