Here are my latest proprietary GBP/JPY “bounce” levels. These are valid for the entire week, or until reached. Any questions, contact me or post a comment.
* This is NOT investment advice. It’s for educational purposes ONLY. Trading may result in a gain OR loss of capital, partially or fully. Trade at your own risk and discretion. *
128.28 (pip potential = 97 pips or more)
128.74 (pip potential = 46 pips or more)
130.59 (pip potential = 97 pips or more)
126.16 (pip potential = 120 pips or more)
125.97 (pip potential = 18 to 126 pips or more)
122.86 (pip potential = 158 pips or more)
here are the levels I’m looking at right now:
Short: 125.95, 125.091, 121.355. Those are shorter-term, more minor areas of resistance. If those levels are taken out, we could see a big drop, down the 122 level.
Long: 129.975, 132.315, 136.225
I may be looking at a longer timeframe than you as well.
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