Gbp/Jpy

Gbp/Jpy

GBP/JPY takes the bids to 142.70 during Monday’s Asian session. The pair extends the late Friday's recovery while running towards the recent highs surrounding 143.30.

Even so, 200-week Simple Moving Average (SMA) and a downward sloping trend line since February 2018 could keep buyers in check near 143.65/80. Should bulls clear 143.80, 61.8% Fibonacci retracement level of 2018 peak to June 2019 trough, around 145.15/20, will be their next target.

It’s worth mentioning that pair’s run-up beyond 145.20 enables it to take aim at the year 2019 top near 148.90.

GBP/JPY is staying in consolidation below 143.25

temporary top and intraday bias remains neutral. In case

of deeper retreat, downside should be contained well

above 139.31 support to bring rise resumption. On the

upside, break of 143.25 will resume the rally from 126.54

. Sustained break of trend line resistance (now at 143.51)

will pave the way to 148.87 key resistance next.

Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.

Gbpjpy
british pound / japanese yen
142.841
jpy
+0.251 (+0.18%)
market open (dec 09 10:56 utc-5)
142.590
prev
142.651
open
142.948k
volume
142.562 — 143.105
day's range

4
jpy
+0.284 (+0.20%)
market open (dec 09 11:17 utc-5)
142.590
prev
142.651
open
148.115k
volume
142.562 — 143.105
day's range

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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

Gbp jpy
the moment - price moves up in a corrective manner, in three waves. We may get a potential running flat, so after a local higher high should get a strong move down to complete this corrective pattern.
Alternative views are welcome

GBP/JPY: Pound - Yen Rate, Chart, Forecast, News & Analysis - DailyFX
GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. ... Use the GBP/JPY chart to follow its live rate and to assist your technical analysis when trading this pair. For the latest GBP/JPY news and Pound ...

Daily analysis for gbpjpy
Today Market trend: Sell
Always follow Long time frame market trend.
that is moving below the level 0 beside that the CCI line is located at the lower level to perform a downward signal on the chart
there is a main down trend signal as the 12 EMA 24 and 38 are moving above the slow EMA of 46
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
agar ap friends chahte hain ke forex ki trading main se good profit ho to ap ko
ik achi invetment ke sath hi traing or good experice ke sath trading krni
chahye , low investment or low experience main big risk ho skata ha or ap ke
liye dangerous bhi ho sakta hai good luck
dont forget to pray before start trading.