- GBP/JPY: Pound - Yen Rate, Chart, Forecast, News & Analysis
- What is GJ in Forex – GJ Meaning
- What is GJ Meaning
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GBP/JPY: Pound - Yen Rate, Chart, Forecast, News & Analysis
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What is GJ in Forex – GJ Meaning
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Get My Guide. Gj impulse to the upside came down to create a support structure on the lower timeframes and then started impulsing to the up side again breaking through the resistance structure so i now suspect that we are going to go re6test the higher timeframe resistance found at GJ may come back to retest our intraday zone at We could see a major rejection on GJ next week or a breakthrough of our major resistance level.
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Let me know what your market bias is for GJ. The chart would speak for itself in my opinion. Below on the Daily timeframe we can see that price failed to stay above the Daily support and it basicly have to cool down again No Advice just my personal idea Trade Do you agree bro? I am waiting for the break out not taking the trade yet. After price made a n extreme high during the asian session 2 days ago, price action has been bullish and has broken above that new high. I will be waiting for price to come into the zone and give me some entry We have hit a long term resistance, a correction needs to happen.
My TP is GJ in Forex is major trading pair because those two currencies are the most traded currencies together with Euro, Canadian dollar and U. It also means we have two currencies that are compared to each other. When you want to buy one GBP you will need to give GJ in Forex means currency pair value and when one currency is rising in value other currency is falling in value. Trader job is to define where the price of a trading pair will move. Will it rise or will it fall down.
What is GJ Meaning
Take a look on the image below. GJ in Forex is combination of two currencies. It is standard pairing of two currencies that are traded one against other.