Thread: Gbp/Jpy
GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). 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 news and Pound - Yen forecast, follow our expert articles.
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Aleena (2019-12-17)
GBP jpy in my analyses
Good morning with buy option here ,,
Dears
Today market of this pair in my analyses about trading way, it seems that moving average of this pair show us bullish trend .moving position of this pair is string bull type.position at frame m30 show us bull type & its parabolic position also show us up side. If we want profit it can buy now for better way .Thanks
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Market Pair
GBP/JPY : SELL
this pair broke the low today and it seem want to go down more ......
this trend still got a strong down ward momentum ......
still got no idea why this happen today and no clear signal to enter it
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as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon
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Forex Forecast with price level
GBP/JPY - pair in focus.
Current Price - 146.19
main support level - 146.12
main resistance level - 146.25
Pair likely to be in Sell today.
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GBP JPY (British Pound / Japanese Yen Spot) Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed
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Pivot, Resistance Levels and Support Levels for
GBP / JPY For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 149.538
Resistance Level (R2): 148.699
Resistance Level (R1): 147.231
Pivot Point: 146.392
Support Level (S1): 144.924
Support Level (S2): 144.085
Support Level (S3): 142.617
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Haji (2019-12-16)
Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Maray analyses kay hisab say ye pair bullish trend show kra raha hay or is ki parabolic position bi up honey ka ishara day rahay hen.
Ye pair buy ka bna huwa he I think jahan par market punche huwe he wahan se up
ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye.
Is kay tmam indicators hum ko up side ki tarf janay ka ishara day rahay hen to buy ki positions kafi better nazar as rahi hay .
Is ki strong support frame m30 per show ho rahi hay . Shukria
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After analyzing the market of this pair GBP/JPY it shows that the trend is BUY
Current Rate is 146.10
According to my analysis the resistance and support will be as
1) Resistance : 146.27
2) Resistance : 146.45
3) Resistance : 146.60
*********************************
1) Support : 145.92
2) Support : 145.75
3) Support : 145.60
BEST OF LUCK...
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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