Continued negative outlook on the pair so the expectations were high to continue the bearish trend.Targeting pair of this decline to reach the level: 141.85 - 141.40 . Provided continue to maintain trading below the resistance level: 143.00
Printable View
Continued negative outlook on the pair so the expectations were high to continue the bearish trend.Targeting pair of this decline to reach the level: 141.85 - 141.40 . Provided continue to maintain trading below the resistance level: 143.00
Daily Analysis for the pair of GBP JPY , Pair bounced today from 142.91 resistance level and is now bearish to the low in 141.83 expect to break the Low and heading toward 141.10 and will be saturated propelled RSI expect him bounce them and God knows
http://www2.0zz0.com/2013/01/29/11/434218377.gif
buy gbp/jpy at the level 142.11 with targets at 143.53 and 144.31, but in case of breaking the level 141.52, then sell at this level with targets at 140.71 and 139.93
ask permission of the senior and master all I want to ask about Pairs GBPJPY, a few days ago I read disebuah website about the current state of the English nation, apparently from his English information would come out of the euro zone, think about whether the news will affect its currency or not ..?
GBP / JPY has just formed a few buy signals in the direction of the northern mid-wave, the pair completed the correction of finding a buyer within 200 rolling, after a long consolidation rate started to rise and has just broken through the horizontal resistance level 142.70 which served as an additional signal to the north, to Besides MASD showed a buy signal and formed a bullish divergence.
GBPJPY is making some new highs today just because of sterling bounce against most of the currency pair.i expect this pair to go upward and post 145.80 arround on week basis and if sterling got momentum than it can also target 150.
GBPJPY rise to test resistance level 143.40, if the level is broken, the pair may continue rise towards 143.85, but if it fails to break the level, the pair may go down towards 142.62, and may continue to 142.17
144.400 was the resistance level and if the resistance level was break it could move up to 144.570 level..
support area identified in 142.299 and second support at the 141.805, so that i think prefer to wait and see at this pair.. :)
Analysis result GBP JPY 30-01-2013
UP TREND (STRONG)
Signal 20 pips : BUY @ 142.83 Set S/L @ 142.53 Set TP @ 143.03
Signal Breakout : BUY @ 143.03 Set S/L @ 142.73 Set TP @ 143.23
Reversal Prediction HIGH : 143.74
The position of the current price is above the 50 EMA on the hourly chart, momentum is bullish
The position of the current MACD cross the line above the area 0, the momentum is bullish
Trend today: bullish
Target today:144.14