Gbp/Jpy

We can see on the graph that GBPJPY had been dismissed by the 128.11 obstruction level for multiple times. Presently, GBPJPY is attempting to contact that obstruction level once more. At that point, I likewise imagine that GBPJPY still in bullish notion as the fundamental pattern of GBPJPY. In this way, I expect GBPJPY will have the capacity to break 128.11 opposition level and keep going up to the higher obstruction level at 128.86.

Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 140.00
This currency name - GBP/JPY
Resistance and Target - 142.18
Support and Stop Loss - 137.82
Always follow Long time frame market trend.
Signal is Sell.

Wow, the bullish trend is very strong for gbp/jpy because it was succeed to breakthrough resistance 2 level 128.33 and still stay above it. The re-test will occur soon and lets see whether pass it or pullback. Take long position after got pullback is good choice to trade.

GBPJPY continued bullish move after rebound from 128.40 Support, we will receive a strong indicator for another bullish signal that would allow a target 127.20 resistance level.

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.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 128.40 targeting 127.10, 126.50 and stop loss with four-hour closing above 129.05 might be appropriate

Expected trading range for the day between 126.10 and 128.80
General tendency: UP as 124.60 remains intact

in 1h chart
today i will sell this pair from :164.56
our stop loss today : 165.30
half take profit for today :164
and our take profit2 :163.18

The consolidation pattern from 129.64 is still in progress and deeper fall could be seen. But, we'll stay bullish as long as 124.72 support holds and expect rise from 118.82 to continue later. Break of 129.64 will target upper channel resistance (now at 130.73).

Movement of this pair will tend sideways because affect of hma 192 that shown green colour and hma 860 that shown red colour. Now price moving between both hma. Price is estimated affected movement of hma 32 and it is tend bullish. Look that price affected by stochastic signal in tf h1 so buying position is recommendated if that signal move up after in oversold area.

Gbp/Jpy ki Market Down Ki Tarf Ho Rahii Hai And Mujhe Lagta Hai Market Down Ki Tarf Ho Saktii Hai
And Mera Jo Andaza Hai Hai Wo Hai Down
main umeed Krta Hun Ap Humarii Es Ray Par Pora Utry Gan
Good Luck
Current rate:140.507