Forex Trading Ideas: GBP/JPY Rallies Up!

December 11, 2019

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“Trade What You See – Not What YOU Think!”

The GBP/JPY had a bullish ‘Hidden Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between one hundred and two hundred pips. Depending what your entry price was when you entered.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 38.2% Fibonacci level 3 times. Then it smashed right up to the 0.00%. We have strong major support at 1.4490. And resistance at 1.4330.

Bounces off of the 38.2 3 times before heading higher!

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Forex Trading Ideas: GBP/JPY Rallies Up!

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