SubscribeGbpjpy
british pound / japanese yen
145.681
jpy
+1.818 (+1.26%)
market closed (dec 13 16:59 utc-5)
143.863
prev
143.863
open
529.563k
volume
143.863 — 147.954
day's range
Thread: Gbp/Jpy
Gbpjpy
british pound / japanese yen
145.681
jpy
+1.818 (+1.26%)
market closed (dec 13 16:59 utc-5)
143.863
prev
143.863
open
529.563k
volume
143.863 — 147.954
day's range
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.
Ahmadali (2019-12-15), Muhammad kashif (2019-12-16), nailabanu (2019-12-15), Zain25 (2019-12-15)
The British pound has rallied significantly during the week, more specifically after the election. We had spiked all the way to the ¥148 region, an area that of course was always going to cause resistance based upon previous action. Furthermore, it’s also the 100% Fibonacci retracement level so it makes sense that we did pull back a bit from there, especially considering how quickly it happened after the election results were released. To the downside, the ¥141 level should be supported and most certainly the ¥140 level will be.
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.
Ahmadali (2019-12-15), Asadjaved (2019-12-15), Muhammad kashif (2019-12-16), nailabanu (2019-12-15), Unregistered (2), Zain25 (2019-12-15)
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. 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. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
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.
Ahmadali (2019-12-15), Asadjaved (2019-12-15), Muhammad kashif (2019-12-16), nailabanu (2019-12-15), Zain25 (2019-12-15)
Today market trend Bullish.GBPJPY rally accelerated to the high of 148.000 level and so far for intraday bias which stays on the upside for 148.87 the next resistance.
- A decisive break and close above 148.87 will prepare the way for 156.59 the next key resistance.
- On the downside swing, a break of 142.47 support is needed to indicate short term movement otherwise, outlook will remain bullish
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Ahmadali (2019-12-15), Asadjaved (2019-12-15), Muhammad kashif (2019-12-16), Muhammadfaizan (2019-12-15), nailabanu (2019-12-15), Qasimbhayo786 (2019-12-15), Zain25 (2019-12-15)
Time Frame - 4 Hour
Currency pair - GBP/JPY
Buy @ - 145.93
Stop Loss - 143.93
Take Profit - 147.62
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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.
Ahmadali (2019-12-15), Asadjaved (2019-12-15), Muhammad kashif (2019-12-16), nailabanu (2019-12-15), Qasimbhayo786 (2019-12-15), Zain25 (2019-12-15)
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
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.
Ahmadali (2019-12-15), Asadjaved (2019-12-15), Muhammad kashif (2019-12-16), nailabanu (2019-12-15), Qasimbhayo786 (2019-12-15), Zain25 (2019-12-15)
Forex Forecast with price level
GBP/JPY - pair in focus.
Current Price - 145.85
main support level - 145.68
main resistance level - 146.01
Pair likely to be in Sell today.
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.
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
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.
Since this week the pair has been moving in a horizontal channel .Now it is at the down side of the channel at 139.50-30 unless 139.30 is broken the pair is a good buy.with 1st target @139.90 and 2nd target @140.25 stop should be below 139.30.
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.
RNK2142 (2019-12-15), Unregistered (1)
predictions for the day.
trading is risky if no analysis is done
GBP/JPY - is the currency pair we will be focusing on
major low levels also known as supports 145.66
major high levels also known as resistance - 145.97
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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