Gbp/Jpy

[ng1985]

pair- gbp/jpy
time frame to analysis- m15



the rsi indicator is moving out from the oversold level 30 and break the resistance at 179.00 level. if the price is close above the 179.15 level then long with profit target at higher resistance at 179.85 and stop loss at the 178.40
good luck

[hors]

The price of the pair moves starting wave (179.24) It is noted that the limits of the line the main direction drawn to this wave along the between-level (180.00) and (179.62 is worth mentioning that the current wave goal access to the area (181.41) and with respect to trades that day will be watching the movement Price among level (182.36) and level (178.79)

[Gamabunta]

The price of the pair keep on the stability above 178.80 to form us so some Alaratdadt positive, trying some of the negative momentum assemble again, we note the concentration price below average axis moving 55 which supports yet negative control and wait for the price attack negatively again to achieve the awaited target at 177.15.

Stochastic attempts to support current attempts to collect extra determined its stability above the 20 level required to allow the opportunity to form a new negative waves and then access the target previously expected.

Expected trading range between 180.25 and 177.15

[ducd3vaizo]

Daily Forecast

Pair: GBPJPY
Major Trend: Bullish
Time Frame: H1
Reason: Market have not been previously resistant correction at 179.65, which today became the pivot point. To target was di180.45
Recommendation: Buy limit in 179.65

[hors]

The pair is trading below its pivot point. It is likely to trade in a lower range as far as it remains below the pivot point. Short positions are recommended with the first target at 178. A break of that target will move the pair further downwards to 178.25. The pivot point stands at 184.15. In case the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside.

---------- Post added at 09:07 PM ---------- Previous post was at 06:23 PM ----------

The pair continues to fluctuate around the pivotal support of 145.40, while the pair is trading within the symmetrical triangle which supports the resumption of the downside movement.Trading is stable below 150.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 150.65 and require stability below 151.05.

[nattom]

[kelvin566]

the hourly outlook shows that the market is in an accumulation/distribution phase the trend is down and the thecnical indicator on the daily timeframe are bearish the main resistance is at 180.16 the daily pivot level is at 179.30 and the weekly pivot is at 180.36 between this level the price may fluctuat but if it trade above 180.36 that indicate that there is a possible retracment that has to be confirmed by the thecnical indicatorand economic news

[ng1985]

pair- Gbp/jpy
time frame to analysis- m15



the up movement is not able to break the resistance of fibo 50 level at the price 179.70 level and will again down side. if this is move below the 170.00 then short with profit target at 178.45 and stop loss at the 179.90
good luck

[Gamabunta]

The pair won the last price Btdaullach awaited target level at 178.80 to observe his attempt to overcome this level confirmation of the negative control and projected earlier, the stability of the SMA 55 on the level of 181.00 will support a bid for a new record price losses may extend towards 177.15 and 176.20.

Note the stability of stochastic about level 20, trying to reach the saturation level for sales increases of negative pressure on the trading price of the stay pending achieve new and previously mentioned goals.

Expected trading range between 180.25 and 177.15.

[kelvin566]

the daily out look of the pair is bearish at the hourly time frame the cross is trading at its support daily pivot at 179.30 the daily support are at 177.88 and 176.79 the main thecnical indicatr are bearish and the rsi is trading below its 50 level there is no substancial news comming neither fromGB nor from JP so there is no substancial movment of the price