Free Forex Signals

Forex Signal for GBPJPY on 2/01/2024

The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.

Short term we recommend buying. Entry areas 178.90, 180.00, 181.00

Three months forecast it is strongly bearish. 

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For today buy at 179.97 take profit at 181.00

Stop loss at 179.00.