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 0.033958196640015s
t_/pages/forecast: 1x 0.032007932662964s
t_/common/header-new: 1x 0.021730184555054s
t_/common/head: 1x 0.018393993377686s
t_/common/footer-new: 1x 0.0027182102203369s
router_page: 1x 0.00092196464538574s
router: 1x 0.00079584121704102s
t_/popups/on-download: 1x 0.0006709098815918s
t_/common/cookie-banner: 1x 0.00037693977355957s
service-routes: 1x 0.00026297569274902s
router_redirection: 1x 0.00015401840209961s
t_/blocks/sidebar-afil: 1x 0.0001528263092041s
t_/popups/zoom: 1x 2.3126602172852E-5s
----- END OF DUMP (2026-09-07 06:59:09)  -----