The GBPJPY has found support just above 122.00 and we can see this market is currently range bound between 122.00 and 125.50. Monday, the market formed an inside pin bar setup just above support and if this setup comes off higher we could see a larger move up to challenge the top of the range near 125.50.
Forex Trade Setups Commentary
GBPJPY Inside Pin Bar Setup
Tue, Jul 17 2012, 00:31 GMT
by
Nial Fuller
|
Learn To Trade The Market
The GBPJPY has found support just above 122.00 and we can see this market is currently range bound between 122.00 and 125.50. Monday, the market formed an inside pin bar setup just above support and if this setup comes off higher we could see a larger move up to challenge the top of the range near 125.50.





