80% of Forex Traders lose money - Lets make an effort to team up with the other 20%

DAILY FOREX IDEAS

GBPJPY in a dead spin?!

The downtrend in GBPJPY keeps on and on!
So far from 6th of May until now it has dropped with more that 600 pips with no significant retracement!
How long can this go on? To be frank rarely you can see so many consecutive days colored in red on a daily chart, so common sense is that soon it should reverse for a significant correction at least – but who dares to catch a falling knife right?!

Leave a Reply

Close Menu