The market has stabilized, the first signs of a downtrend appeared
August 13, 2019 6:43:16 PM
Forecast Details
PairGBPJPY
Direction
Sell
StatusClosed (127.5)
-70 p
128.90
Stop Loss
128.20
Entry
+69 p
127.50
Target 1
About Author
Alexander Zorevyk
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 4
Buy or Sell
Chart & Analyst Comments
- Majority of traders are still holding onto Longs. This means we should continue to Sell GBPJPY.
- The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
- After a slight upward price movement, profitable buyers actively begin to take profits, returning the price to its original position.
