EN

GBPJPY - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairGBPJPY
Publication Time9/11/19 4:39 PM
Direction Sell
Status Closed (132.20)
16:37
16:37
Sep. 11, 2019
Forecast
-55 p
133.35
Stop Loss
132.80
Entry
+60 p
132.20
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. Majority of traders are still holding onto Longs. This means we should continue to Sell GBPJPY.
  2. The activity of "fresh" buyers in an uptrend may indicate that the market expects the recovery of the bull trend. However, according to our analysis, this movement is corrective and we expect the price to go down.
  3. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
    index: 1x 0.037410974502563s
t_/pages/forecast: 1x 0.035530090332031s
t_/common/header-new: 1x 0.022114038467407s
t_/common/head: 1x 0.018369913101196s
t_/common/footer-new: 1x 0.0043051242828369s
router_page: 1x 0.00096988677978516s
t_/popups/on-download: 1x 0.00075101852416992s
router: 1x 0.0006859302520752s
t_/common/cookie-banner: 1x 0.00047898292541504s
t_/blocks/sidebar-afil: 1x 0.00023603439331055s
service-routes: 1x 0.00023102760314941s
router_redirection: 1x 0.00012993812561035s
t_/popups/zoom: 1x 2.5033950805664E-5s
----- END OF DUMP (2026-08-17 14:24:08)  -----