Posts Tagged ‘GBP/JPY’
GBP/JPY Sideways Channel Provides Swing Trading Opportunity
Author: Germina Lake
The GBP/JPY pair has been trading in a choppy sideways channel for the better part of six months, carving out a nearly 1000-pip channel since August.
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Posted in Forex News | 
Tags: Channel, GBP/JPY, Opportunity, Provides, Sideways, Swing, Trading | 
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Short GBPJPY (Stop at 133.35)
Author: Germina Lake
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Remain Short GBPJPY (Move Stop to 131.75)
Author: Germina Lake
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GBP/JPY Channel Signals Bearish Opportunity
Author: Germina Lake
A month long GBP/JPY rally has the pair testing the upper channel bound as the sterling continues to find support on rising interest rate expectations. Inflation accelerating to 3.7% from 3.3% in December surpassed forecasts of 3.4% and helped fuel prevailing bullish sterling sentiment.
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GBP/JPY Challenges Range Bound, Potential for Reversal
Author: Germina Lake
The GBP/JPY finds itself in a steep bearish trend as U.K. growth and European debt concerns have sunk the pound. The New Year will bring harsher austerity measures from the coalition government with the potential to derail the country’s recovery.
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Remain Long CADJPY; Pending Short AUDCAD, GBPJPY
Author: Germina Lake
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