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today's market technical analysis for GBP/JPY
market trend is going bullish
market resistance and support levels could as
current price =147.24
1-Resistance level =147.37
2-Resistance level = 147.47
3-Resistance level = 147.57
1-Support level =147.09
2-Support level = 146.99
3-Support level =146.91
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GBPJPY is a triangle configuration. Market should break either side. Acceleration should occur above 169.82 or under 167.71 limits.
Key Point 167.68
Entry Point 168.75
Trendline 1 167.75
Trendline 2 167.80
Support 1 167.35
Support 2 166.48
Resistance 1 169.46
Resistance 2 170.69
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GBP/JPY market technical analysis
market trend is bullish
market price =147.20
Resistance levels
the market could break the first resistance at =147.33
the market could break the second resistance level at =147.45
the market could break the third resistance level at =147.56
Support levels
the market could break the first support levels at =147.06
the market could break the second support level at =146.94
the market could break the third support level at =146.84
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GBP/JPY is Bullish
Signal:-Buy
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:145.00
2> Resistance level is:147.04
3> Resistance level is:148.50
Supporting level is
1> Supporting level is:143.88
2> Supporting level is:142.50
3> Supporting level is:140.00
https://www.tradingview.com/x/4bu63Sp9/
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Today Gbp/Jpy current rate : 139.058
Today by observing all the routine of the market carefully i have come
to know that the most suitable and the most profitable selling point will be 138.000
and today the most profitable buy point will be 140.000
I hope you all will follow my signals and you will earn more money good luck
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this is my analysis for GBPJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 147.40 and the pair will continue to go up to the next resistance level at 147.65
1 Supporting level is: 143.89
2 Supporting level is: 142.51
3 Supporting level is: 140.02
1 Resistance level is: 145.01
2 Resistance level is: 147.03
3 Resistance level is: 148.49
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 147.35 , stop loss at the level 147.00 target take profit at the level 147.80
if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
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Resistance3= 169.31, Resistance2=168.85, Resistance1:=168.24 , Pivot Point=167.79 Support 1=167.18 Support 2=166.73 , Support 3=166.12 {Hope a good day for all of you good luck to all}
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Pivotal Points: 145.69
Resistance 3: 150.62
Resistance 2: 148.65
Resistance 1: 147.65
Support 1: 144.68
Support 2: 142.71
Support 1: 141.71
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GBP/JPY Daily Trade
Sell the pair below 167.75 with targets 167.25 and 166.44. Stop loss 167.95
Above 167.75 buy the pair with 168.55 and 169.36 as targets. Stop loss 167.45
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once in the prediction of several indicators for the technical analysis of currency pairs GBPJPY on the market today are at the 146.63 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 147.48 positions. You put a stop loss at 146.61 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend Up
The following resistance and supporting level of this pairs is as below :
The First Resistent = 147.33
Second Resistent = 147.45
Third Resistent = 147.58
The First Support = 146.63
Second Support = 146.50
Third Support = 146.38
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please.. share your analysis, so we can discuss in this forum to maximize our profit