Forex Price Action | GBPJPY +10 pips 2016-03-31

GBPJPY +10 pips 2016-03-31 | Orange to White Trade

This is a straightforward orange to white trade but in this case on the cross, GBP/JPY. On this trade price has moved down so rapidly that the 1 min it boxes are not even on the chart, There is good longer term support on the 15 min and 1HR time frames in addition GBP/USD is at support. The trade works out nicely for +10 pips.

More information on the TimeLanes software and how it reads the market and provides forex trading signals can be found here

Forex Price Action | GBPJPY +10 pips 2016-03-31 was originally published on 24HR Forex Trade Room

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