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the starting prices of the GBPJPY clearly today comes below the base pivot point 160.95 which informs about potentially of downward pattern on the present day. Likewise as indicated by the moving crosses the quick MA20 comes below the delayed 48MA to proceed a shape of bearish pattern goes on for a long term movement. For the time that the price rates keeps below the line of the trend magic indicator to gaves a bigger chance of the downward direction according to the indicator. after seeing that I will go with the downward direction for today and then it is supposed to hold the prices away from the last resistance area which founded at 162.1 and the target could be situated close to the region of 159.1 to 157.56 respectively and around this values it’s time to thinking about close any sell positions opened
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http://s18.postimg.org/6bxjj9aax/ciocio_26.jpg
GBP JPY pair is one of my mainstay. this time I will make this pair to OP on this day. it is clear that the moving average indicator will intersect. This proves that there might be a new signal about the change of trend will be bullish or maybe she will continue the trend down to a level S2: 157.46. but if it Rejection then he will rise to the level of R1: 162.22
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pair- gbp/jpy
time frame- daily
technical analysis-
http://i68.tinypic.com/5uk48m.jpg
the major trend of the price is down side and making correction from the support at 154.00 level. its up movement is not able to break the resistance trend line and it will again down side. short with profit target at 153.50 and stop loss above fibo 38.2 level.
good luck
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http://s18.postimg.org/nxeawyr1l/ciocio_35.jpg
Strong signal will occur today, why do I say that? it is because some existing indicators confirm the good so they can make a valid signal. if we want to wait and wait, then we can get a good signal. We recommend that you do buy now using TP on level R3: 162.38 or may be higher than that. To anticipate you can install the SL at 159.82.
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pair- gbp/jpy
time frame- h4
technical analysis-
http://i65.tinypic.com/1yr1fs.jpg
the price is making double bottom chart pattern at the support 159.25 level. the nick line of resistance at the 164.00 level. this up movement may be rejecting with resistance at 162.40 level. hold the long entry with stop loss at 158.45 level and profit target 163.50
good luck
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Certainly my dear, as I can see I personally believe jpy will lose it's value against GBP in the coming days and for this purpose you should consider buying GBP for long term trading, you can see this from previous charts of GBP as well
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The pair gained positive momentum momentary submitted by stationing Stochastic within the saturation level of purchase to postpone this negative attack its stability around the 160.50, in general will remain the main shootout bearish steadily descending channel resistance at 163.85 for today and wait for assembling the price of the negative torque required and then to achieve the objectives centered on 157.30 and 154.60 respectively.
http://prntscr.com/al1p0s
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pair- gbp/jpy
time frame- daily
technical analysis-
http://i64.tinypic.com/2iibjwy.jpg
the price is up side from the support at 154.30 level. this is moved to strong resistance trend line at the price 162.14 level. the price is start to make doji pattern and may be not able to break the resistance. we can short if price is close below the 159.60 with profit target at 154.80
good luck
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View pair price formation of a new negative waves to express so moved by control bearish bias now and observe stability around the SMA 55 at 161.00, in the event of liberation price from the current level it will bolster the landing of the first target level of 158.40, which would be the level of the neck to form the negative peaks.
http://i.prntscr.com/bf86a5d477c0408...08b8ba092f.png
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pair- gbp/jpy
time frame- daily
technical analysis-
http://i68.tinypic.com/105zmg1.jpg
the up movement of the price is not able to break the resistance trend line. price is making doji pattern and followed with strong bearish candle. the price may again continue down side to setup down trend channel pattern. short with profit target at 156.20 level and stop loss at 162.90
good luck
