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 0.028760194778442s
t_/pages/forecast: 1x 0.026761054992676s
t_/common/header-new: 1x 0.016582012176514s
t_/common/head: 1x 0.013617992401123s
t_/common/footer-new: 1x 0.003108024597168s
router: 1x 0.0009310245513916s
router_page: 1x 0.00080013275146484s
t_/popups/on-download: 1x 0.00063610076904297s
t_/common/cookie-banner: 1x 0.00042915344238281s
service-routes: 1x 0.00025796890258789s
t_/blocks/sidebar-afil: 1x 0.00015807151794434s
router_redirection: 1x 0.00012898445129395s
t_/popups/zoom: 1x 3.9100646972656E-5s
----- END OF DUMP (2026-03-16 07:16:03)  -----