Gbp/Jpy

In Forex technical analysis a chart is a graphical representation of price movements over a certain time frame. It can show security’s price movement over a month or a year period. Depending on what information traders search for and what skills they master, they can use certain types of charts: the bar chart, the line chart, the candlestick chart and the point and figure chart.

Today market trand is sell....
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of luck....

dear GBP/jpy b boht acha pair hy mere khiyal mai agar ap start mai sirf aur sirf major currencies ko smjh lain gain tu ap k liye cross pairs pe kam kara mushkil nhn ho ga ap kisi b waqt os pe kam kar skte hain es liye ap ko tension nhn leni chaiye bas seekh k kam karna chaiye..

Today market analysis and trend:sell

Indicators and Moving average market ke down hony ka bata rahe hain

Resistance and Support points se bhi market down hoti nazar a ri hai

Hamain sell main trade lagani chahiye

BesT Of LucK

GBP/JPY extends losses to 142.82 during Tuesday’s Asian session. In doing so, the pair keeps trading below 50-day SMA while targeting 61.8% Fibonacci retracement of November-December 2019 upside.
f the pair keeps its negative tone below the immediate support level of 142.60, its drop to 141.00 can’t be ruled out.
However, lows marked during December 20019 and January 2020, coupled with 100-day SMA, could restrict the pair’s further declines 141.0-140.80.

Gbpjpy
british pound / japanese yen
144.490
jpy
+0.082 (+0.06%)
market closed (feb 21 16:59 utc-5)
144.408
prev
144.408
open
256.127k
volume
143.722 — 144.959
day's range
gbpjpy

he pair declined sharply yesterday to complete the formation of the double top shown above, especially after the breach of the neckline at 127.10. The pair is stable below the retest level of 125.65, providing more bearish signs that support the continuity of the downside movement today . Our main target is the retest level of 123.75. A breach of 125.65 might trigger a retest of the previously breached neckline at 127.10.

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The pair is still trading within the symmetrical triangle shown above, where the pair is closely approaching the head of the triangle. Trading is stable below 128.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 125.65 and require stability below 129.05.

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