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Thread: Gbp/Jpy

  1. #7351
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    The price of the pair bounced favorably after achieving the level of 151.80 and is trying to do re-broken test support at 154.60 to constitute a good turn resistance against the negative attempts awaited, so you should pay attention to the stability of the price below previous resistance and we expect that the renewal of the negative pressure until the arrival of the target proposed earlier at 150.00.

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  2. #7350
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gbp/jpy
    time frame- daily

    technical analysis-



    the up movement of the price is not able to break the resistance trend line. price is making doji pattern and followed with strong bearish candle. the price may again continue down side to setup down trend channel pattern. short with profit target at 156.20 level and stop loss at 162.90
    good luck

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  3. #7349
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    View pair price formation of a new negative waves to express so moved by control bearish bias now and observe stability around the SMA 55 at 161.00, in the event of liberation price from the current level it will bolster the landing of the first target level of 158.40, which would be the level of the neck to form the negative peaks.

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  4. #7348
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gbp/jpy
    time frame- daily

    technical analysis-



    the price is up side from the support at 154.30 level. this is moved to strong resistance trend line at the price 162.14 level. the price is start to make doji pattern and may be not able to break the resistance. we can short if price is close below the 159.60 with profit target at 154.80
    good luck

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  5. #7347
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    The pair gained positive momentum momentary submitted by stationing Stochastic within the saturation level of purchase to postpone this negative attack its stability around the 160.50, in general will remain the main shootout bearish steadily descending channel resistance at 163.85 for today and wait for assembling the price of the negative torque required and then to achieve the objectives centered on 157.30 and 154.60 respectively.

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  6. #7346
    Senior Member loti is an unknown quantity at this point loti's Avatar
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    Certainly my dear, as I can see I personally believe jpy will lose it's value against GBP in the coming days and for this purpose you should consider buying GBP for long term trading, you can see this from previous charts of GBP as well

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  7. #7345
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gbp/jpy
    time frame- h4

    technical analysis-



    the price is making double bottom chart pattern at the support 159.25 level. the nick line of resistance at the 164.00 level. this up movement may be rejecting with resistance at 162.40 level. hold the long entry with stop loss at 158.45 level and profit target 163.50
    good luck

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  8. #7344
    Banned ciocio is on a distinguished road ciocio's Avatar
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    Strong signal will occur today, why do I say that? it is because some existing indicators confirm the good so they can make a valid signal. if we want to wait and wait, then we can get a good signal. We recommend that you do buy now using TP on level R3: 162.38 or may be higher than that. To anticipate you can install the SL at 159.82.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #7343
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    pair- gbp/jpy
    time frame- daily

    technical analysis-



    the major trend of the price is down side and making correction from the support at 154.00 level. its up movement is not able to break the resistance trend line and it will again down side. short with profit target at 153.50 and stop loss above fibo 38.2 level.
    good luck

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #7342
    Banned ciocio is on a distinguished road ciocio's Avatar
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    GBP JPY pair is one of my mainstay. this time I will make this pair to OP on this day. it is clear that the moving average indicator will intersect. This proves that there might be a new signal about the change of trend will be bullish or maybe she will continue the trend down to a level S2: 157.46. but if it Rejection then he will rise to the level of R1: 162.22

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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