Gbp/Jpy

gbp/jpy Resistance & Support

Resistance
1 Resistance 145.50
2 Resistance 145.78
3 Resistance 145.32
Support
1 Support 144.97
2 Support 144.56
3 Support 144.24

according to GBPJPY technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels

Resistance1 # ------- # 145.35
Resistance2 # ------- # 145.57
Resistance3 # ------- # 145.30
Support 1 # ------- # 144.90
Support 2 # ------- # 144.71
Support 3 # ------- # 145.28

I suggest to take SHORT position at ----- 145.13
target take profit at ----- 144.65
target stop loss at ----- 145.51

money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..

Gbp jpy is going down and we can have a sell trade on this pair

Support and resistance levels:-

S3 144.94
S2 145.05
S1 145.09

R1 145.20
R2 145.27
R3 145.38

GBPJPY

SUPPORTING level
S3: 144.9
S2: 145.01
S1: 145.08

PP: 145.13

RESISTANCE LEVEL
R1: 145.19
R2: 145.24
R3: 145.35

TRADE AT YOUR OWN RISK GOOD LUCK

PIVOT POINT ;145.44


Support 1;144.87

Support 2;144.37

Support 3;143.87


Resistance 1;146.00

Resistance 2;146.51

Resistance 3:147.05

Pivotal Points: 145.38


Resistance 3: 146.97

Resistance 2: 146.56

Resistance 1: 145.80


Support 1: 144.63

Support 2: 144.22

Support 3: 143.46

once in the prediction of several indicators for the technical analysis of currency pairs GBPJPY on the market today at 145.40 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit positions at 144.55 You put a stop loss positions at 145.39, that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down

The following resistance and supporting level of this pairs is as below :
The First Resistance -- 145.40
Second Resistance -- 145.52
Third Resistance -- 145.65
The First Support -- 144.70
Second Support -- 144.57
Third Support -- 144.45

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

Thread is Gbp /jpy


Todays my technical analysis


Current price is =145.55


Resistance and Supporting levels


1 RESISTANCE =145.48

2 RESISTANCE =145.58

3 RESISTANCE =145.70

And

1 Supporting =144.65

2 Supporting =144.55

3 supporting =144.40

The pair is still trading within the symmetrical triangle shown above, where the pair is closely approaching the head of the triangle. Trading is stable below 128.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 125.65 and require stability below 129.05

This pair gbp/jpy

Technical analysis of today is strong bearish.

Pivot Point. 145.34

Current Price. 145.15

Resistance level
1st. 145.26
2nd. 145.37
3rd. 145.48

Supporting level
1st. 145.00
2nd. 144.88
3rd. 145.77