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For the Daily chart , we can notice that the pair has broken its bullish channel from a period and started to fall down on a bearish channel , the pair has just made a retest on the lower line of this bearish channel and reversed its direction by moving up , for me i expect this pair to continue moving up till it reach the resistance level @ 125.03(50.0%) then @ 126.96 (61.8%) or below it a little , then the pair will move down again on the channel indicated , i support now to buy on the short term and sell later , Good Luck
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The technical analysis of GBP/JPY
The pivot point is 129.20
The trend for given pair is Sell.
BEAT OF LUCK.
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Currency pair is : Gbp/Jpy
Current price: 128.99
Moving average: sell
Resistance level of this pair is:
1# Resistance is: 129.15
2# Resistance is: 129.30
3# Resistance is: 129.45
Supporting level of this pair is :
1# Supporting is: 128.85
2# Supporting is: 128.70
3# Supporting is: 128.50
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Gbp/jpy in my views to the markeet value by trading .Trend is looking bullish by markeet .its movemintvis strong to bull .I use scalping strategies on this currency pairs so I
prefer the short time that is the timeframe M15 and M30,
that's position market then also there are some indicators
that I use as the Bollinger Bands is BREAK LOW, ADX____here is option of sell by trade now .
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es pair ko 131.28 pr majbut supprot he.. yahaa se ab ye upr jane ki kosis kar rhaa he..kridna ka soda faydemand rahega..
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Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others.
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
Good luck for your trading........
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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
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Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.
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Pivot Point 129.30
1 Resistance 129.60
2 Resistance 129.79
3 Resistance 130.05
1 Support 129.00
2 Support 128.81
3 Support 128.51
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Gbpjpy forex ke trading main yeh ek best pair hai trading krne ke liye yeh pair per agar ap log watch kr ke trading krte ho tu mje umed hai ke yeh bht he best pair hai yeh kam time main bht juld up and down hota hai es pair main profit hai ap log zida se zida es pair ko watch kr ke trading kr sakte ho or new user ke liye bhe best pair hai yeh aj ki date men ye bahut down ja sakta he~•√✓∆
R 1..... 129.20
R 2..... 129.40
R 3..... 129.60
S 1..... 128.70
S 2..... 128.50
S 3..... 128.20