gdpjpy
GBP/JPY jumps above 120.60 ahead American open
After trading lower yesterday American session from 120.60 and testing 1-week low at 119.60 today's European morning, the GBP/JPY has jumped around 100 pips in the last two hours to post fresh intra-week high at 120.80 ahead the American opening bell.
Currently the pair is trading close to 120.50, 0.30% above opening price.
"Intraday trade remains tight and well confined within the broader 119.51-120.72 range. "And this is keeping the down-leg from 122.04 high in play and slip of 119.51/43 supports will unlease another round of strong selling towards 119.16 then lower 118.27.
Originally posted by ceesGBP/JPY jumps above 120.60 ahead American open
After trading lower yesterday American session from 120.60 and testing 1-week low at 119.60 today's European morning, the GBP/JPY has jumped around 100 pips in the last two hours to post fresh intra-week high at 120.80 ahead the American opening bell.
Currently the pair is trading close to 120.50, 0.30% above opening price.
"Intraday trade remains tight and well confined within the broader 119.51-120.72 range. "And this is keeping the down-leg from 122.04 high in play and slip of 119.51/43 supports will unlease another round of strong selling towards 119.16 then lower 118.27.
Hello cees. Isnt it copy pasting from different sources. I think personal opinion on market movement should be posted here. You can give reference of other sites but copy pasting looks weird.
Yeah its seems that it can be more profitable to us and we can make a good amount of profit through it just follow the market news and i am just giving my best here.