GBPJPY: Bullish market condition

Written by Raul Lopez on June 1, 2010. Posted in Trades & Analysis. Leave a Comment

The GBPJPY was trading at an important level last Friday and yesterday, but it broke through a shot term resistance level today, triggering a bullish market condition:

gbpjpy15 As long as the GBPJPY trades above 133.17 I will be looking for long opportunities. All opportunities to go short in the GBPJPY will be ignored.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

Tags: GBPJPY analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .

GBPJPY: Bullish market condition

Raul Lopez

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