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Forex: GBP/JPY Trading Analysis for 4 July 2011: Buy GBPJPY above 129.55

By Bhaveek Patel Leave a Comment

GBPJPY is one of the most volatile currency pair with daily movement is about 160 pips daily. Intraday trading analysis (tips) on GBP/JPY for 4 July 2011, we recommend to trade long (buy) GBPJPY pair above 129.55 for target of 131.55 and 132.05 placing the stop loss below 129.05. Reason for trading GBPJPY long: The GBPJPY pair has been trading with very volatility suggesting for the range trading ... [Continue Reading]

Forex: GBP/JPY Trading Analysis for 1 June 2011: Buy GBPJPY above 133.35

By Bhaveek Patel Leave a Comment

Intraday trading analysis (tips) on GBP/JPY for 1 June 2011, we recommend to trade long (buy) GBPJPY pair above 133.35 for target of 133.85 and 134.45 placing the stop loss below 133.05. Reason for trading GBPJPY long: The GBPJPY pair has been trading in very volatile suggesting for the range trading opportunity. So trading with the support resistance levels we advice to traders to take long ... [Continue Reading]

Forex: GBP/JPY Trading Analysis for 3 May 2011: Sell below 134.65

By Bhaveek Patel Leave a Comment

Intraday trading analysis (tips) on GBP/JPY for 3 May 2011, we recommend to trade Short (Sell) GBP/JPY pair below 134.65 for target of 134.25 and 133.85 keep stop loss above 134.85. Reason behind trading short: GBP/JPY pair has been trading in a bullish channel, but it has broke below the upper channel lower boundary. So trading in the direction of trend we will be looking for only selling ... [Continue Reading]

Forex: GBP/JPY Trading Analysis for 29 April 2011: Buy Above 135.55

By Bhaveek Patel Leave a Comment

Forex Intraday trading analysis (tips) on GBP/JPY for 29 April 2011, we recommend to trade Long (Buy) GBP/JPY pair above 135.55 for target of 135.95 and 136.25 keep stop loss below 135.25. Reason behind trading long: This pair has been trading in a bullish channel, supported by rising trend line, so trading in the direction of trend we will be looking for only buying opportunity as long as the ... [Continue Reading]

Forex: GBP/JPY Trading Analysis for 28 April 2011: Buy Above 136.45

By Bhaveek Patel Leave a Comment

Intraday trading analysis (tips) on GBP/JPY for 28 April 2011, we recommend to trade Long (Buy) GBP/JPY pair above 136.45 for target of 136.95 and 137.25 keep stop loss below 136.15. Reason behind trading long on GBPJPY: This pair has been trading in a bullish channel, supported by rising trend line, so trading in the direction of trend we will be looking for only buying opportunity as long as ... [Continue Reading]

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