Gbp/Jpy

Gbp/Jpy

Resistance level
Resistance level 1.129.50
Resistance level 2.129.65
Resistance level 3.129.80

Supporting level
Supporting level 1.129.15
Supporting level 2.129.00
Supporting level 3.128.85

Last week, GBP/JPY corrected higher creating a higher high at 130.70 – its highest level in three weeks however, the pair closed on Friday with a Doji pattern reflecting the market’s indecision at this stage.

On the other hand, USD/JPY behaved similarly creating a higher high by the end of last week at 106.73. The pair closed in the red the weekly candlestick with 0.8% loss.

Hellow guys results of analysis of using daily pivot point calculations for

I see this pair still in strong bearish movement . If this pair keep moving to down side ,
I predict this pair will reach to the next support level, maybe this pair will make some correction to the next low level.
SELL position is better choice now, you can set target profit level 40 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta hai yeh pair

i express my opinion about this pair..
jasy k ap sab log jannty hain k . ya trading pair . trading k liy bohat he acha ha . is pair me trading se hamain. bohat he acha . proft earn ho sakta . its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre inform you about future movement.
So me hameesha yahi analysis use krta hon. . is trading pair me... .
i suggest you this analysis indicater ...
goodluck..SAR

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GBP/JPY looks south, having dived out of an ascending channel.
A break above key falling trendline is needed to confirm bullish reversal.
GBP/JPY is currently trading at 129.20, having hit a high of 129.63 earlier today.

The 4-hour line chart shows the pair created lower high at 130.00 earlier this week, reinforcing the bearish view put forward by the last week's downside break of the rising channel.

Put simply, the pair is on the defensive and could soon fall to support at 128.60. The bearish case would be invalidated above 130.00, although, as of writing, that looks unlikely, given the risk-off mood in the financial markets.

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

Gbpjpy
british pound / japanese yen
129.172
jpy
−0.057 (−0.04%)
market open (sep 02 01:55 utc-4)
129.229
prev
128.884
open
59.633k
volume
128.621 — 129.190
day's range

GBP/JPY. The British Pound (GBP) against the Japanese Yen (JPY) pair denotes how many Yen are needed to purchase
one Pound Sterling. GBP/JPY is a pair widely followed by scalpers and forex day traders.
Detailed GBP JPY forecast as well as a British Pound Japanese Yen technical analysis through
moving averages, buy/sell signals, and common chart indicators.

Pair: gbp/jpy
Trend: Bullish
Moving Average: Buy

Pivot Point > 129.22

Support 1 > 129.21

Support 2 > 129.02

Support 3 > 128.77

Resistance 1 > 129.27

Resistance 2 > 129.42

Resistance 3 > 129.63

Gbp/Jpy

Resistance level
Resistance level 1.129.59
Resistance level 2.128.22
Resistance level 3.127.04

Supporting level
Supporting level 1.126.25
Supporting level 2.125.13
Supporting level 3.124.01