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Gbp/Jpy pair in also selling trend today and Gbp/Jpy pair trading below price level 147.10 it mean Gbp/Jpy no more chance to move up prices above 147.50 to 148.00 and i recommend for sell the Gbp/Jpy on price above 147.00, 147.50 and 148.00 and adjustment the take profit below prices 146.00, 145.00 and 144.00 and must adjust the stop loss above prices 148.00 to 148.50 and trader must understand the Gbp/Jpy right price movement and place order and make profitable trading
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GbpJpy bullish trend can continue today, now current price at 147.13 and strong support at level 146.93 in hourly time frame. there is possible chance GbpJpy price will move to up side. then next high price is 147.60
I suggest to entry buy with stoploss at 146.75 and take profit at 147.60
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as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week
Auto pivot indicator.
resistance 3:127.52
resistance 2:127.09
resistance 1:126.54
pivot point :126.11
support 1:125.55
support 2:125.13
support 3:124.57
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GbpJpy bullish trend can continue today, now current price at 147.17 and strong support at level 147.00 in hourly time frame. there is possible chance GbpJpy price will move to up side. then next high price is 147.70
I suggest to entry buy with stoploss at 146.85 and take profit at 147.70
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Gbp/jpy Short term signal
Gbp jpy currently trading kar raha he 147.35 pe and according to my moving average crossover strategy gbp jpy ka trend bullish trend he for short as well as for long term on 1h time frame
Fibonacci pivot points according to 1h time frame is
Support 147 Resistance 147.65
My recommendation is to buy gbp Jpy around 147.40 with sl 147 and tp first 147.80 2nd 148
trade on your own risk
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1 Attachment(s)
Attachment 14770
Gbp jpy entry point
buy---------buy--------buy
current point 147.22
take profit 147.86
stoploss 146.22
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British pound rallied slightly against Japanese yen.Tuesday as we approached the ¥147.50 level. This is an area that has been resistive in the past but I think will be overcome if we can continue to get more of a risk on attitude around the world.
As long as trade fears come down, I think it’s likely that this market will continue to rally. Ultimately, the GBP/JPY pair is extraordinarily sensitive to risk appetite, which of course is sensitive to headlines around the world.
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Dear trader yeh boht hi khatrnak pair hay aur es pay log bhi kafi loss kerty hain aur main nay khud bhi es pay kafi bar aur boht say loss kia hay aur es pay account bhi wash kia hay kun k es ki moves hi ajeeb kesm ki hoti hay kuch smjh ni ata k es ko buy kia jaiy ya sell......
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date :13 june
pair : gbpjpy
the pair in down trend
indicators down : 4
indicators up : 4
ao :-0.672
ac :-0.2594
bears(13):-0.43
a triangle chart pattern is setup with the price movement and having resistance at the 168.40 level. as this is rejected price down but now the ris is also in triangle setup. the price may be not able to move above the resistance and falling. short if this is break the supporting trend line at the 167.85 level with 160.00 take profit.
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The GBPJPY pair still suffering the stability of the moving average 55 around 147.80 level, to form clear obstacle against the waited bullish attack, thus, we recommend waiting the required breach to avoid losses that might appear due to the price forming sudden negative rebound and confirm the beginning of achieving new targets by reaching 148.90 followed by 150.80.
Stochastic current fluctuation below 80 level might force the price to form new sideways trades to attempt to gather the required positive momentum to achieve the breach followed by starting to record the suggested targets.
Expected trading range for today is between 146.50 and 148.00
Expected trend for today: Fluctuated within the bullish range