Gbp/Jpy

Hello all members ..
Wish all have very good trading week and make good profit with Indian MT5 forum.
I try to share my daily analysis. Today I will discuss about GBPJPY pair. I see the daily chart that indicate complete uptrend of this pair.

Potential Resistent1 : 145.85
Potential Resistent2 : 146.04
Potential Resistent3 : 146.23
Potential Support 1 : 145.39
Potential Support 2 : 145.18
Potential Support 3 : 145.35


my predict price will flying today. If you choose BUY position, then put a take profit at 146.11 and stop loss at 145.24
please avoid using big lot for your trade because this business is very dangerous. anything can happened in forex market. good luck to your trading my friend and I hope you can make consistent profit everyday. Thanks to Instaforex the best Broker around the world .!!

bullish trend seems to be taking place on the GBPJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.

This pair can continue bullish trend, now current price at 145.61 and strong support at level 145.39 in hourly time frame. there is possible chance price will move to up side. then next high price is 146.12

resistent level 1 - 146.91
resistent level 2 - 146.54
resistent level 3 - 146.20
pivot point - 145.83
support level 1 - 145.49
support level 2 - 145.12
support level 3 - 144.78

I suggest to entry BUY with stoploss at 145.26 and take profit at 146.11

use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit
I hope you can earn consistent profit from my signal, good luck and doing trade like a boss

GBP/JPY EXCHANGE RATE
All the technical data, charts, tools and indicators you need to analyze and trade the GBP/JPY.

145.61700 / 5 00
Open 145.99 High 146.56 Low 145.10

TREND INDEX Bullish
OB/OS INDEX Overbought
VOLATILITY INDEX Low
KEY LEVELS
R3 147.91
R2 147.23
R1 146.45
PP 145.77
S1 144.99
S2 144.31
S3 143.53

Resistance and supporting

resistance:-
resistance1=146.3
resistance2=146.12
resistance3=146.13

supporting:-

supporting1=145.10
supporting2=145.11
supporting3=145.09

"Today i am going to telling you that the technical analysis of ... Gbp/Jpy
According to my views market has :bullish trend
today resistance and supporting level is:
1,Resistance level is :146.67
2,Resistance level is : 146.96
3,Resistance level is :147.45
Support is :
1,Supporting level is :145.69
2,Supporting level is :145.40
3,Supporting level is :144.91
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."

Everyone made his stretigy by its own opinions. Some peoples used
fundamental approaches, some people used moving averages and other
then used supports and residences , who help him to make his stretigy .

Today i discuss about the pair of ---Gbp/jpy


My recommendation about this pair is --sell

Current Price is ; 145.48

Pivot Point is:146.21

Resistance Price is :
1. Resistance Level:145.63
2. Resistance Level:145.75
3. Resistance Level: 145.87

Supporting price is :
1. Supporting Level: 145.37
2. Supporting Level: 145.25
3. Supporting Level: 145.14

trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 125.40 and key resistance at 129.48. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

gbp/jpy Resistance & Support

Resistance
1-Resistance 145.58
2-Resistance 145.71
3-Resistance 145.32
Support
1-Support 144.66
2-Support 144.47
3-Support 144.28

gbp/jpy Technical analysis:

Level of Support
1-Support 145.95
2-Support 145.80
3-Support 145.69

Level of Resistance
1-Resistance 146.36
2-Resistance 146.28
3-Resistance 146.40

today GBP/JPY Technical analysis

Resistance 1 146.62
Resistance 2 146.82
Resistance 3 146.90

Support 1 145.50
Support 2 145.35
Support 3 145.18