Gbp/Jpy

[Muneer7171]

This market could be in the process of establishing a major base following the September break to record lows. However, the latest round of setbacks will need to hold above 119.00 (key 78.6% fib retrace) on a weekly close basis for this newly adopted constructive outlook to remain intact. Otherwise, we could see risks for acceleration to fresh record lows below 116.80.

[Muneer7171]

GBP/JPY dropped further to as low as 120.88 last week before forming a temporary low there and turned sideway. The development continues to affirm the case that whole choppy rebound from 116.83 is finished at 127.30 already, ahead of the falling 55 weeks EMA

[QasimShop]

Pair is Gbp /jpy

Todays my technical analysis of Gbp /jpy

Market trend is bearish.

Pivot points is =145.30

Resistance and Supporting level is =

1 RESISTANCE LEVEL IS =144.48

2 RESISTANCE level is =144. 65

3 RESISTANCE level is =144.85

And

1 Supporting level is =144.33

2 Supporting level is =144.25

3 supporting level is =144.08

Its my opinion that day.

You trade lo risk.

Best of luck to all members of forax community.

............... Work work and work............

[Muneer7171]

Candle is above Moving Average period 20 in 30 Minutes chart so I think it�s still standing for Uptrend. First target must be at 122.70 and second target at 122.80 for next time. Place your stop loss 40 points from your open position. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Happy green

[Muneer7171]

we can not rule out the possibility for a drop to test this major psychological barrier before any consideration for a corrective bounce. Ultimately, a break back above 125.00 will now be required to officially alleviate short-term downside pressures.

[Olivia]

GBP/JPY Technical analysis

RESISTANCE PRICE =

Resistance level 1=144.51
Resistance level 2=144.68
Resistance level 3=144.80

SUPPORTING PRICE =

Supporting level 1=144.30
Supporting level 2=144.18
Supporting level 3=144.02

[SDK]

"Today i am going to telling you that the technical analysis of ... Gbp/Jpy
According to my views market has :bullish trend
today resistance and supporting level is:
1,Resistance level is :145.26
2,Resistance level is : 145.59
3,Resistance level is :146.13
Support is :
1,Supporting level is :144.18
2,Supporting level is :143.85
3,Supporting level is :143.31
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."

[janny]

Analysis For the pair.

Pivot Point is: 145.31

Support 1:145.13
Support 2:144.87
Support 3:144.69

Resistance 1:145.57
Resistance 2:145.75
Resistance 3:146.01

Trading is risky so take risk at your own responsibility and keep in mind the Money management.

[talhaahmad04]

The pair is trading mixed with its bearish fall below the 146.00 level in order to postpone the bullish and previously awaited attack. The continuous price is placed within the ascending channel's pivotal areas to maintain our positive outlook and indicate that today's rally above 146.00 will increase the chances of reaching the main targets at 148.30 to reach 149.80.

[146]

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.....watchout at 129 - 128 area to enter long next week6