Gbp/Jpy

Gbp jpy

Today trend is: bearish

Support levels for the pair is:
Support1:144.71
Support2:144.52
Support3:144.03

Resistance levels for the pair is:
Resistance1:145.2
Resistance2:145.5
Resistance3:145.99

Today analysis for the pair of : gbp/jpy
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck

Resistance level

1 Resistance : 145.10
2 Resistance : 145.20
3 Resistance : 145.30

Supporting level

1 Supporting : 144.90
2 Supporting : 144.80
3 Supporting : 144.70

gbpjpy fell to support a second time unable to break it confirming strong support. broke out of descending channel and retesting at support


1 Resistance Level: 145.72
2 Resistance Level: 145.85
3 Resistance Level: 145.97

1 Supporting Level: 145.47
2 Supporting Level: 145.35
3 Supporting Level: 145.23

Price pair could not achieve positive new bullish tendency to re-price decline to form a negative prompt

It should be mentioned that the pair remains his tendency rising steadily 124.60 support level
The current bearish wave may reach the level of 126.40

Stochastic fall down to limit the level of saturation sale

Technical analysis of Gbp/Jpy is bearish trend

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:148.42
2> Resistance level is: 148.67
3> Resistance level is: 148.81


Supporting level is

1> Supporting level is: 147.95
2> Supporting level is: 147.67
3> Supporting level is: 147.51

Pivotal Points:145.26


Resistance 3: 148.68

Resistance 2: 147.52

Resistance 1: 146.42


Support 1: 144.16

Support 2: 143.00

Support 3: 141.90

Market setbacks have been very well supported on dips below 125.00 and we look for the formation of a fresh medium-term higher low around the psychological barrier ahead of the next major upside extension back towards and eventually through 140.00. Ultimately, only a weekly close below 125.00 would delay and give reason for concern, while a daily close back above 126.30 confirms bias and should accelerate.

Price pair could not achieve positive new bullish tendency to re-price decline to form a negative prompt

It should be mentioned that the pair remains his tendency rising steadily 124.60 support level
The current bearish wave may reach the level of 126.40

Stochastic fall down to limit the level of saturation sale

EUR/CAD TSX:​EUR/LSE:​CAD
Market Closed
3.86D 0.39 (11.14%)
Prev
3.47
Open
3.73
Volume
104.598K
1 Day Range
3.73 - 3.86

GBPJPY Analysis


Support 145.10

Support 144.40

Support 3142.90



Resistance 147.30

Resistance 148.80

Resistance 149.50