Gbp/Jpy

GBP/JPY is sell

1 Resistance 140.82
2 Resistance 140.92
3 Resistance 141.05

1 Support140.65
2 Support 140.45
3 Support 140.15

Technical analysis of gbp/jpy

Today strong bearish trend.

Pivot Point. 140.85

Current Price. 140.72

1. Resistance level is. 140.86
2. Resistance level is. 140.95
3. Resistance level is. 141.07

1. Supporting level is. 140.64
2. Supporting level is. 140.42
3. Supporting level is. 140.13

as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week

Technical analysis of Gbp/Jpy is sell

Resistance and Supporting levels is :


Resistance level is

1> Resistance level is:140.97
2> Resistance level is: 141.25
3> Resistance level is: 141.59


Supporting level is

1> Supporting level is: 140.32
2> Supporting level is: 139.86
3> Supporting level is: 139.40

as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week

Today Analysis GBPJPY

Market Trend BEARISH

Pivot Point 140.83

S 1 140.04

S 2 139.39

S 3 138.60

R 1 141.48

R 2 142.27

R 3 142.92

Daily overview for GbpJpy
The price is finding the first support at 140.20 and the next support is at 139.95 The price is finding the first resistance at 140.65 and the next resistance is at 140.87 I predict price will be continued falling today. The first target is the level 139.94 After fixing below the first target, then price will go to the level of 139.78 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.

“--- Trading recommendations for trading : Open Sell ---“

According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!

In this week’s Sterling Price Outlook, we noted that GBP/USD was testing, “BIG slope support here and leaves the immediate short-bias vulnerable while above today’s low.” That low held into the close of the week with price failing to mark a daily close below.

this is my analysis for GBPJPY

hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 139.99 and the pair will continue to go down to the next level level at 139.77 in my personal view this pair will be continue bullish trend, for intraday trading today

I advice to entry SELL Order at the level 140.08 stop loss at the level 139.63 and target take profit at the level 140.43

if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.

My Analysis
GBPJPY
BUY on Low

PIVOT 140.86

S 1 140.07

S 2 139.42

S 3 138.63

R 1 141.51

R 2 142.30

R 3 142.95