Gbp/Jpy

GBP/JPY (British Pound - Japanese
Yen) is the forex ticker that tells
traders how many Japanese Yen are
needed to buy a British Pound. The
Pound is the fourth most traded
currency in the world, while the
Japanese Yen is third, according to the
Bank for International Settlements
(2016

Gbp jpy ...🔴
Analyses to the markeet .
My observations to the markeet way .in my views movement of this pair show us strong bullish position by looking parabolic sar at frame m30 .its MAcads value show us bull type now .Boilenger bands position allso show us up level .if we want to take profit it should be buy now for better momint in markeet .
Moving average show us up side after short term .
In markeet level everyone has there own strategy to take profit but as you think. Good luck

Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level 35 pips from current price
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Pivot points142.27

Resistance 1=142.27
Resistance 2=142.39
Resistance 3=142.39

Support 1=142.20
Support 2=142.15
Support 3=` 142.08

Gbpjpy
british pound / japanese yen
141.638
jpy
+0.145 (+0.10%)
market open (dec 24 14:01 utc-5)
141.493
prev
141.493
open
104.751k
volume
141.313 — 141.842
day's range

This pair bounced off from support on the daily chart around 140.83 at the early hours of London session and touched the high of 142.77 thereby breaking above the resistance at 141.72 which has served as a strong resistance before now.At the time of the post the price was consolidating above 142.50 if it manages to get buying interest from this level - above 142.50 then the 143.00 resistance will be the next hurdle but in case pf a pullback I think that the support at 141.85 level will hold bearing in mind that the level served as a strong resistance .Lets follow the trend .

Time Frame - 4 Hour
Currency pair - GBP/JPY
Buy @ - 142.24
Stop Loss - 141.78
Take Profit - 142.75
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

This pair bounced off from support on the daily chart around 140.83 at the early hours of London session and touched the high of 142.77 thereby breaking above the resistance at 141.72 which has served as a strong resistance before now.At the time of the post the price was consolidating above 142.50 if it manages to get buying interest from this level - above 142.50 then the 143.00 resistance will be the next hurdle but in case pf a pullback I think that the support at 141.85 level will hold bearing in mind that the level served as a strong resistance .Lets follow the trend .

Gbp/Jpy > BULLISH

PIVOT POINT > 141.59

S1 > 141.38

S2 > 141.25

S3 > 141.05

R1 > 141.80

R2 > 141.93

R3 > 142.13

GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). 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