Kereskedési feltételek
Products
Eszkozok
GBP/JPY has been accelerating higher without time for even the smallest correction, but we are getting close to the 161.8% extension target for wave iii/ at 150.79. This should ideally cap the upside for a correction in wave iv/ towards 146.64 and ideally closer to 144.04 before turning higher in wave v/ towards 154.99.
Longer-term we continue to look for more upside above the 2018 peak at 156.66.
R3: 150.79
R2: 150.45
R1: 150.12
Pivot: 149.70
S1: 149.28
S2: 148.60
S3: 148.29
Trading recommendation:
We are long 50% GBP from 142.27 and we will raise our stop higher to 147.75
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.