Gbp/Jpy

[Muhammadfaizan]

The GBP/JPY accelerated the decline and bottomed at 138.20, the lowest level since October. During the day it has fallen more than 300 pips and it is trading 600 pips below the level it closed last Friday.

The cross is making a dramatic reversal amid risk aversion. While the yen continues to find demand as investors look for safe assets, the pound continues to be affected. While EUR/USD remains relatively steady, GBP/USD is taking another leg lower, now below 1.2800, adding more weakness to the sterling.

[Adnanali]

Gbp/Jpy

Resistance Level (R3): 141.134
Resistance Level (R2): 140.127
Resistance Level (R1): 139.258
Pivot Point: 138.251
Support Level (S1): 137.382
Support Level (S2): 136.375
Support Level (S3): 135.506

[Shahzad apl]

Gbpjpy
british pound / japanese yen
137.869
jpy
−0.208 (−0.15%)
market open (mar 03 08:58 utc-5)
138.077
prev
138.077
open
304.875k
volume
137.467 — 138.573
day's range

[Arshad170]

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....

[Muhammadfaizan]

The GBP/JPY cross struggled to capitalize on its attempted intraday recovery move and is currently placed near the lower end of the daily trading range, or 4-1/2 month lows around mid-137.00s set earlier this Monday.

The mentioned region marks a confluence area – comprising of the very important 200-day and 61.8% Fibonacci level of the 130.43-147.93 move up – and should now act as a key pivotal point for short-term traders.

Against the backdrop of persistent uncertainty about the future UK-EU trade relationship and fears of a no-deal Brexit, the set-up remains tilted in favour of bearish traders and supports prospects for a further decline.

However, oversold conditions on the daily chart held investors from placing any aggressive bearish bets. This coupled with a slight improvement in the risk sentiment further collaborated towards limiting the downside.

That said, sustained weakness below the said confluence support might now turn the cross vulnerable to accelerate the slide towards the 137.00 round-figure mark en-route the next major support near the 136.55 region.

On the flip side, the daily swing high, around the 139.20 region – coinciding with 50% Fibo. level – now seems to act as an immediate strong resistance, which should keep a lid on the pair’s attempted recovery move.

[Shahnawaz148]

Another G7 source said G7 members would voice their determination for joint coordinated action, if needed, to limit the impact of the coronavirus on the global economy. Both sources said they would stop short of directly calling for concrete fiscal and monetary measures right now.

“We are still very much at the beginning of the outbreak. And it is not yet possible to predict how the epidemic will develop. So the impression is that it’s still too early for such a step,” said the second G7 source.

The news disappointed some investors who had hoped for more explicit measures of support by the major industrial powers.

[Irfan7]

(Reuters) - Group of Seven nations will voice their determination to fight the economic hit of the coronavirus but stop short of directly calling for new government spending or coordinated central bank interest rate cuts, two G7 officials said on Tuesday.

As the widening epidemic stokes fears of a global recession, finance ministers and central bank governors of the G7 major economies will issue a statement after their conference call scheduled at 1200 GMT on Tuesday.

In the statement, G7 countries will pledge to work together to mitigate the damage to their economies from the fast-spreading epidemic, one of the G7 officials told Reuters on condition of anonymity due to the sensitivity of the matter.

[Ronald]

Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.

Please like my post

🌷Thanks you very much🎋

[Mazz]

Gbpjpy
british pound / japanese yen
137.672
jpy
−0.405 (−0.29%)
market open (mar 03 08:16 utc-5)
138.077
prev
138.077
open
287.494k
volume
137.467 — 138.573
day's range

[RNK2142]

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