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Gbp jpy
it seems that will still go up, if this pair currency has shown its strength, we can open BUY with a target at second resistance.and possibly will rise, hopefully what we try can produce, and if there are mistakes we hope we can evaluate and improve well, keep money management well and don't forget to start our trading by praying first, so that it can run well, sometimes market are moving with slowly but sometimes are highly moving.hopefully everything is facilitated and can be a blessing for us all, hope you make more profit and earn much more better as other benefits as well.
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.:1f61d:
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No change in GBP/JPY’s outlook as corrective rebound from 123.94 might extend. But upside should be limited by 61.8% retracement of 144.95 to 123.94 at 136.92 to bring fall resumption. On the downside, break of 127.33 minor support will turn bias back to the downside for retesting 123.94 low first.In the bigger picture, current development suggests that price actions from 122.75 (2016 low) are merely a sideway consolidation pattern, which has completed at 147.96. Larger down trend from 195.86 (2015 high) as well as that from 251.09 (2007 high) are possibly resuming. Break of 122.75 should target 61.8% projection of 195.86 to 122.75 from 147.95 at 102.76 next. In any case, outlook will remain bearish as long as 147.95 resistance holds.
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British Pound/Japanese Yen
(GBP/JPY) Exchange Rate ▲ 131.99 1 (0.76%)
Update 25/03/2020
08:19:07
Trade GBP / JPY Now
High 132
Low 130.4
Open 130.99
Prev Close 141.44
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RSI
Zigzag
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Meanwhile, CME Group made a change in how it delivers gold to address the issue late Tuesday. Comex futures prices had traded above spot metal by as much as $70 an ounce, whereas the spread is normally only a couple of dollars, according to news reports.
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NEW YORK (Reuters) - Wall Street rallied for a third straight session on Thursday as record weekly jobless claims came in below investors’ worst fears and investors focused on an unprecedented $2 trillion stimulus awaiting approval by the U.S. House of Representatives.
The Dow Jones Industrial Average .DJI rose 1,351.62 points, or 6.38%, to 22,552.17, the S&P 500 .SPX gained 154.51 points, or 6.24%, to 2,630.07 and the Nasdaq Composite .IXIC added 413.24 points, or 5.6%, to 7,797.54.
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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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News) Another bullish gold price update comes from TD Securities, which is now projecting a move to $1,800 an ounce and then a jump to $2,000 near year-end.
Gold prices rallied along with risk assets this week. At one point, gold even neared $1,700 an ounce. At the time of writing, April Comex gold futures were trading at $1,636.40, up 0.18% on the day.
There are many drivers supporting gold at the moment and once the COVID-19 outbreak peaks, constructive price conditions will remain, said TD Securities head of global strategy Bart Melek said on Thursday.
“Normalizing liquidity conditions, negative real rates, low cost of carry and concerns surrounding fiat currency debasement, not unlike those present during the post-GFC period, likely mean gold price could move toward $1,800/oz in the not too distant future,” he wrote. “A move toward $2,000 is also a distinct possibility into 2021, as the global economy normalizes, monetary contentions remain loose while fiscal deficits surge.”
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ye pair lagataar down trend me hai me sochtaa hu ki ye kuch hi weeks me 127.33 ke support price level
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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.