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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
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
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Pound Sterling (GBP) Live: Outlook Forecasts and Latest News presented in rolling live format.
Latest GBP/JPY Exchange Rate: 142.342
Current Week High: 142.739
Current Month High: 145.307
Current Week Low: 142.103
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GBP/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
131.16 - 131.87 - 132.98
Resistance 1 - Resistance 2 - Resistance 3.
134.79 - 135.51 - 136.61
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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News) - Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday. Bulls are keeping alive a price uptrend on the daily chart and have the near-term technical advantage. That means the path of least resistance for prices in the near term will be sideways to higher. Stay tuned.
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News) - China’s aggressive efforts to expand its 5G wireless network bode well for silver demand, said BMO Capital Markets.
The analysts cited reports that up to 18 provinces in China aim to build over 413,000 5G base stations this year, which BMO said “would be a positive for silver demand.”
The country’s Guandong province reportedly aims to build 60,000 5G stations this year, with 48,000 completed in the first three quarters. “Last week, China’s three major telecom carriers – China Mobile, China Unicorn and China Telecom – along with state-owned China Tower all pledged to accelerate their investment into 5G, in response to the government’s call to roll out new infrastructure projects that can revive domestic economic activity,” BMO said.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Thanks for u.
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Assalam o alaikum,
Is waqt market ki condition kafi mustekum hai aur aesa lagta hai ke market faida de sakti hai,,agar dekha jaye toh market achi tarah se move kar rahi hai is lye profit hony ke chancess barh jaty hain,aur doosri taraf agar ap market chart ko ghor se dekhen toh maloom hota hai ke market kafi down jany ke baad ab upar jati dikhai de rahi hai..
Expert ke mutabi aur bollinger indicator ke mutabiq aj buy trend hai,,ye just meri strategy hai,,aur ap logon ko chahye apni strategy se trade kren...
Thank you..
Best of luck..
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Intraday bias in GBP/JPY remains mildly on the upside as corrective rise from 123.94 is in progress. 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 129.85 minor support will bring retest of 123.94 low first. However, sustained break of 136.92 will raise the chance of trend reversal and turn focus to 144.95 resistance.
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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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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