EN

GBPJPY - Upward trend will continue, Long trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-market-trend-1
Forecast Details
PairGBPJPY
Publication Time2/14/20 11:04 AM
Direction Buy
Status Closed (144.10)
Feb. 14, 2020
Feb. 21, 2020
Forecast
+110 p
144.10
Target 1
143.00
Entry
-110 p
141.90
Stop Loss
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-buy-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on GBPJPY. As a result, we recommend considering only Long trades at this time.
  2. The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
  3. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  4. MVP line is below the price and acts as a support level.
  5. These accumulation of retail traders stop losses coincide with the level of the previous high. This level will serve as the target for our trade.
    index: 1x 0.032270908355713s
t_/pages/forecast: 1x 0.030646085739136s
t_/common/header-new: 1x 0.018424987792969s
t_/common/head: 1x 0.014736890792847s
t_/common/footer-new: 1x 0.0027320384979248s
router_page: 1x 0.00082492828369141s
router: 1x 0.00060820579528809s
t_/popups/on-download: 1x 0.00055789947509766s
t_/common/cookie-banner: 1x 0.00035285949707031s
t_/blocks/sidebar-afil: 1x 0.00030398368835449s
service-routes: 1x 0.00021910667419434s
router_redirection: 1x 0.00012707710266113s
t_/popups/zoom: 1x 1.8119812011719E-5s
----- END OF DUMP (2026-04-17 17:59:04)  -----