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 0.054497957229614s
t_/pages/forecast: 1x 0.051574945449829s
t_/common/header-new: 1x 0.035836935043335s
t_/common/head: 1x 0.029306173324585s
t_/common/footer-new: 1x 0.0046689510345459s
router_page: 1x 0.0013790130615234s
router: 1x 0.00084090232849121s
t_/popups/on-download: 1x 0.00077295303344727s
t_/common/cookie-banner: 1x 0.00068402290344238s
t_/blocks/sidebar-afil: 1x 0.00035715103149414s
service-routes: 1x 0.00032496452331543s
router_redirection: 1x 0.0001678466796875s
t_/popups/zoom: 1x 2.0980834960938E-5s
----- END OF DUMP (2025-07-06 21:39:07)  -----