FX.co ★ ckerluke | GBP/JPY

Hello everyone. The situation on the GBPJPY currency pair is being reviewed with a working timeframe of M30. I rely on the Bollinger indicator readings. As well as on the histogram of vertical tick volumes. Currently, the GBPJPY pair is trading at a price of 213.699 and the inclination to sell this asset is higher than to buy. The extreme limit for opening short positions falls at a price of 213.860, and for the profit level, the lower boundary according to the Bollinger indicator with a price of 213.497 is quite suitable. Of course, with a downward movement, the lower boundary will also shift slightly downwards, but I think insignificantly. The stop loss level falls slightly above 213.860. And if the buyer makes an effort and breaks through 213.860 with momentum, then it will be possible to trade on the growth potential. Until this happens, I am on the sellers' side. I wish everyone good luck in trading and good profits.