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Todays analysis for the pair Gbp/jpy.
The trend is showing a bearish movement for this pair.
Sell signal for the hourly time frame.
Support levels:-
S1 109.92
S2 110.09
S3 110.2
Resistance levels:-
R1 110.37
R2 110.43
R3 110.59
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Daily updates for the pair ---Gbp/Jpy
this pair always gives me a good profit on every trade .today its move is much better than previous .The money management of the trading trend is very effective for getting profits with the stop loss and take profits method of getting with current trade position.
Today Trend for this pair is : buy
overall up movement; 140.82
over all Down movement : 140.26
running point of today market; 140.54
My judgments always make me to control the forex market movement. But please you always put a take loss in your trade for reduce your risk. Best of Luck
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today's market technical over view for gbp/jpy
according to market technical analysis the market have down trend
the market trend could remain in this position
expected resistance and support levels
market price ----------143.90
1- Resistance level----------144.05
2- Resistance level----------144.18
3- Resistance level----------144.28
1- Support level-------------143.76
2- Support level-------------143.63
3- Support level-------------143.52
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today's market technical analysis for GBP/JPY
market trend is going bearish
market resistance and support levels could as
current price =144.02
1-Resistance level =144.17
2-Resistance level = 144.27
3-Resistance level = 144.35
1-Support level =143.87
2-Support level = 143.77
3-Support level =143.67
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Daily trend signals analyzer for Gbp/Jpy
I understand all the signals and analysis from FiboPiv-2. It always enables me to understand the trend of the current market .so after the great efforts to understand market support and residence .I make the recommendation.
Support and Resistance:
Resistent3 141.54
Resistent2: 141.19
Resistent1: 140.97
Pivot level: 140.62
Support 1: 140.27
Support 2: 140.05
Support 3: 139.70
Trading recommendation is… ( sell)
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as expected the price rise back up with a strong bullish engulfing candle......let see if the up ward momentum can continue until the end of the day and if that happen then it confirm the buy setup for this week.......134 - 136 next level to watch
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Pivotal Points: 145.04
Resistance 3: 147.66
Resistance 2: 146.91
Resistance 1: 145.79
Support 1: 143.92
Support 2: 143.17
Support 3: 142.05
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analysis of several indicators that I use on gbp/jpy currency with M30 and H1 timeframes are in the form of pivots indicator R3=169.66, R2=169.11, R1=168.56, Pivots=168.01, S1=167.46, S2=166.91, S3=166.36 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Oversold on market position 168.08 so that the most appropriate step is to conduct an open position BUY with a stop loss of 167.88 and take profit at 168.28
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Though, we'd expect strong resistance from 125.48/68 cluster resistance (61.8% retracement of 130.83 to 116.83 at 125.48, 38.2% retracement of 140.02 to 116..83 at 125.68) to limit upside to conclude the corrective rise and bring down trend resumption. On the downside, below 120.33 minor support will flip bias back to the downside for retesting 116.83 low first.
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Gbp/Jpy pair is currently traded at 144.22 and price is moving upward. I suggest Buy order and must place stop loss at the level 143.74 Take profit at 144.47 levels.
Support and Resistance levels for this pair are:
First Support: 144.09
Second Support; 143.84
Third Support: 143.68
First Resistance; 144.28
Second Resistance; 144.47
Third Resistance; 144.76
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my dear sir today of my tachnical analysis is gbp jpy sell to bearish trends
1-Resistance level 144.17
2-Resistance level 144.27
3-Resistance level 144.35
1-Support level ,143.87
2-Support level, 143.77
3-Support level, 143.67
