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JasonFosterII

GBPJPY Breakdown

Long
Britisches Pfund / Japanischer Yen (OANDA:GBPJPY)  
JasonFosterII Aktualisiert   
OANDA:GBPJPY   Britisches Pfund / Japanischer Yen
Trend Analysis Technical Indicators Fundamental Analysis gbpjpybreakdown Fibonacci Retracement fundamental-analysis support 4hrchart weeklyforecast GBPJPY
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trendanalysis indicator fundamental gbpjpybreakdown fibonacciretracement fundamental-analysis support 4hrchart weeklyforecast gbpjpy
Price is going up to Target (144/145) through Trend creating Highs and lows. Price is currently at past highs where consolidation took place for a week. Currently testing that level as a Support and testing the Trend line. 4HR Fibonacci Retracement "Golden Zone" falls perfect with Support and Trend line. Price range also pulled back same distance as previous pullback couple weeks ago. Showing major confluence. Looking for price to make new highs by the end of the week. Fundamentally Friday will have a lot of EUR/GBP economical news during London session so its likely that news will push pair to new highs. Being that news is just in excuse to move the market the way it should.
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