Gbp/Jpy

GBP/JPY dropped to as low as 116.83 last week and took out 118.81 prior historical low with relative ease. Initial bias remains on the downside this week with 119.13 minor resistance intact and current fall should then target 161.8% projection of 130.83 to 123.29 from 127.31 at 115.11 in near term

hellow my dear all mumber and my dear sir today of my tachncal analysis is (gbpjpy) buy to bullish trend strongly and time frame H1 and H4 moving average my indicetor RSI (14) and stochastic oscillator (5,3,3) buy
and daily support or resistance levels for this pairs

up sait strongly
1 Resistance level 146.743
2 Resistance level 146.461
3 Resistance level 146.188

down sait strongly
1 Supportind level 145.657
2 Supporting level 145.549
3 Supporting level 145.377

GBP/JPY remains on the downside for a test on 124.18 support first. Break there will confirm resumption of the whole fall from 140.02 and should 122.15 support next. On the upside, above 126.24 minor resistance will turn bias neutral for gbp/jpy

GbpJpy technical analysis by using : Auto pivot indicator.

resistent level 1 …………. 147.72
resistent level 2 …………. 147.35
resistent level 3 …………. 147.01
pivot point …………. 146.64
support level 1 ………….. 146.30
support level 2 ………….. 145.93
support level 3 ………….. 145.59

Parabolic SAR indicator there a dot below the candles that indicates a upward direction in addition to that we can see a BUY signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal
on the chart of the this pair there is a main up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bullish direction then I will go for “BUY” positions.

Gbp/Jpy
today currency trend is : buy

Resistance and Supporting level is :

Current price is: 146.38

1> Resistance Level is :146.50
2>Resistance Level is : 146.65
3>Resistance Level is:146.78

Daily supporting level

1> Supporting Level is : 146.25
2>Supporting Level is: 146.12
3>Supporting Level is: 145.99

Right now the gbp/jpy rate 146.59
Today the suitable selling point will be 145.59
And today the most suitable buying point is 147.60
Good luck

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 146.42 and strong support at level 146.20 in hourly time frame. there is possible chance price will move to up side. then next high price is 146.93

I suggest to entry BUY with stoploss at 146.07 and take profit at 146.92

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

Consolidation from 129.64 is still in progress and deeper decline could be seen to 127.03 and below. But, we'll stay bullish as long as 124.72 support holds and expect rise from 118.82 to continue later. Break of 129.64 will target upper channel resistance (now at 130.73)
TRADE IN TRNED POSITION

Pivotal Points: 145.58


Resistance 3: 146.94

Resistance 2: 146.43

Resistance 1: 146.09


Support 1: 145.24

Support 2: 144.73

Support 3: 144.39

Consolidation from 129.64 is still in progress and deeper decline could be seen to 127.03 and below. But, we'll stay bullish as long as 124.72 support holds and expect rise from 118.82 to continue later. Break of 129.64 will target upper channel resistance (now at 130.73)