Download Free Forex Indicators

GBPJPY Outlook & Trade Setup for the week 3rd - 7th February 2014

by Unknown

GBPJPY Outlook & Trade Setup for the week 3rd - 7th February 2014


Monthly Chart


  • On the monthly price has rejected in January from the 61.8 retrace / 127.2 fib ext reverse


Weekly Chart

  • Last weeks candle is very negative
  • Stochastic shows oversold

Daily Chart

  • Daily we have closed at weekly lows
  • A retrace should give us a opportunity to short to find our next support

Hourly Chart




  • We have a buy in a and a sell setup

Outlook Trade opportunity

Please check the H1 and H4 chart for our buy and sell setup

Risk Level Low - Medium


Tips -

Always take note of any economical news event on our provided calender below



Posted by Unknown at 5:13 PM
Labels: ,

0 comments:

Leave a Comment

Subscribe to: Post Comments (Atom)