gj-1024x422

  • GBP/JPY (H4): Time for correction?
  • Forecast: Retracement after dynamic approach to 194.00 resistance
  • Alternative Scenario: Breaking above current zone and targeting June highs
  • Comments: After such dynamic increases, stronger correction is likely
  • Payout: PUT @ 194.00 à 78% return expiring at 23:30GMT

GJ_screen2 16.07

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.