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HERE ARE SOME OF THE REASONS GBPJPY MAY HAVE RESUMED ITS UPTREND:
- UPTREND HAS LIKELY RESUMED AS THERE HAVE BEEN 2 REJECTIONS AND PRICE BACK ON EMA-50;
- A SUPPORT FORMED WITH A DOJI CANDLESTICK ON EMA-50 (AS SHOWN WITH GREEN ARROW);
- GBPUSD WILL LIKELY PUSH UPSIDE, AND GBPJPY WILL ALIGN TOO, PROVIDED GBP IS THE UPTREND MOVER;
- GBPJPY HAS FOUND SUPPORT ABOVE @153 ON 02/JULY,2021. WE JUST NEED MORE CONFIRMATION WITH A BULLISH CANDLE TODAY 05/JULY/2021
THIS DOES NOT GUARANTEE THAT MUCH OF MOVE OF UP TO 700PIPS OVER THE COMING DAYS AND WEEKS. BUT AS LONG AS THE EMA-50 DEFENDS
THE PAIR FOR BUYERS, THEN WE CAN BE REST ASSURED THE UPTREND IS INTACT!
REMEMBER TO APPLY PROPER RISK AND MONEY MANAGEMENT AS NOTHING IS FIXED IN THIS MARKET.
DISCLAIMER: DO NOT TRADE WITH BORROWED MONEY OR THE ONE YOU CAN NOT AFFORD TO LOSE.
FX IS A HIGH RISK HIGH REWARD MARKET AND VERY VOLATILE
HERE ARE SOME OF THE REASONS GBPJPY MAY HAVE RESUMED ITS UPTREND:
- UPTREND HAS LIKELY RESUMED AS THERE HAVE BEEN 2 REJECTIONS AND PRICE BACK ON EMA-50;
- A SUPPORT FORMED WITH A DOJI CANDLESTICK ON EMA-50 (AS SHOWN WITH GREEN ARROW);
- GBPUSD WILL LIKELY PUSH UPSIDE, AND GBPJPY WILL ALIGN TOO, PROVIDED GBP IS THE UPTREND MOVER;
- GBPJPY HAS FOUND SUPPORT ABOVE @153 ON 02/JULY,2021. WE JUST NEED MORE CONFIRMATION WITH A BULLISH CANDLE TODAY 05/JULY/2021
THIS DOES NOT GUARANTEE THAT MUCH OF MOVE OF UP TO 700PIPS OVER THE COMING DAYS AND WEEKS. BUT AS LONG AS THE EMA-50 DEFENDS
THE PAIR FOR BUYERS, THEN WE CAN BE REST ASSURED THE UPTREND IS INTACT!
REMEMBER TO APPLY PROPER RISK AND MONEY MANAGEMENT AS NOTHING IS FIXED IN THIS MARKET.
DISCLAIMER: DO NOT TRADE WITH BORROWED MONEY OR THE ONE YOU CAN NOT AFFORD TO LOSE.
FX IS A HIGH RISK HIGH REWARD MARKET AND VERY VOLATILE