GBP/JPY Buy Signal 9-16-2015

Today in forex trading the GBP/JPY had a buy signal on The Forex Heatmap®. This pair cycled up to the 187.00 area resistance, we would scale out some lots at this resistance area. The GBP/USD also moved up strong and this pair has no nearby resistance, it should continue higher on the D1 time frame. Check the signals below, the GBP (British Pound) was strong on all 7 pairs and the JPY (Japanese Yen) was mostly weak. This creates conditions for strong movements on volatile pairs like the GBP/JPY. The Forex Heatmap® provides live buy and sell signals for 28 currency pairs, and is part of our highly profitable trading system.

GBP/JPY Buy Signal 9-16-2015

GBP/JPY Buy Signal 9-16-2015

 

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