The purpose of this post is to inform you that the GBPJPY is shifting the trend to UP today and I will like to share with you my analysis so that you can make some profits from this strong movement.
If you are a user of my trade copier service, you will see the BUY trade I have done for you guys on your account. At the time of writing, we do have BUY trade on the GBPJPY as well.
From my strategy projection, I can say that the GBPJPY still can move up another 200 pips without problem. At the time of writing this post, the price of the GBPJPY is at 152.552. So the price can still move to 154.552.
Below are all the trades that we have done so far for yesterday and today. We have a good streak of wins and our win is always much more than the losses
My GBPJPY Analysis
The GBPJPY has broke above a major resistance at 152.438. However there are still chances of the price coming back to retrace and then move back up again. Therefore your entry point is very important for this pair. if you enter at a wrong point, the retracement will be enough to stop you out.
My suggestion for you is to wait for the price to dip before you enter a BUY trade as this is the safest way to trade an uptrend.
For user of my trade copier, you do not have to worry about the entry as I will do it for you. I have been waiting for this up move for quite sometimes. This up move has a good potential to hit 300 pips which is a 1:10 risk reward trade for us.
For those of you who are interested in joining my trade copier, do note that you do not need to give me access to your account at all nor send the money to me. The trade copier works in such a way that our accounts are connected via a trade copier software which will automatically copy all my trade to your account with the same stop loss and target profits.
You can click on the link below for more details of the promotion