Pair:- Gbp jpy
Signal:- Buy
----***SUPPORT***----
Support1: 145.00
Support2: 145.94
Support3: 146.27
----***RESISTANCE***----
Resistance1: 147.21
Resistance2: 147.83
Resistance3: 148.78
Pair:- Gbp jpy
Signal:- Buy
----***SUPPORT***----
Support1: 145.00
Support2: 145.94
Support3: 146.27
----***RESISTANCE***----
Resistance1: 147.21
Resistance2: 147.83
Resistance3: 148.78
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The cross tumbles to new multi-day lows near 146.50.
UK PM May officially asked for short extension of Article 50.
UK CPI rose at an annualized 1.9% in February.
The increasing selling pressure around the Sterling is now forcing GBP/JPY to trade in fresh multi-day lows in the mid-146.00s.
GBP/JPY weaker on May’s letter
The cross has accelerated its weekly downside on Wednesday after UK PM Theresa May officially asked the EU for a short extension of Article 50 vs. market expectations of a longer delay.
In addition, PM May’s spokesman said the government expects the House of Commons to once again vote on May’s Brexit deal as soon as possible.
Earlier in the session, UK inflation figures gauged by the CPI showed consumer prices rose at a monthly 0.5% in February and 1.9% from a year earlier.
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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
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Digi and Technical analysis of today Gbp/Jpy
Resistance and Supporting level today
Today Trend is:bearish
$ Resistance level today is>
First Resistance is:148.05
Second Resistance is:148.33
Third Resistance is:148.59
$ Supporting levels today is>
1# First Support is:147.51
2# Second Support is:147.25
3# Third Support is:146.97
Date.20/03/2019
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Unregistered (1)
analysis of Gbp/Jpy
Bollinger Bands:sell
MACD:sell
Resistance and Supporting level is:
Pivot Point is : 147.79
Resistance price is :
Resistance 1:146.95
Resistance 2:147.02
Resistance 3:147.16
Supporting price is :
Supporting 1:146.68
Supporting 2:146.52
Supporting 3:146.41
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username009 (2019-03-20)
my analysis of Gbp/Jpy
Resistance and Supporting level today,s
Today Trend is:146.75
Resistance level today,s is
First Resistance is:146.95
Second Resistance is: 147.25
Third Resistance is: 147.48
Supporting levels today,s is
First Support is: 146.37
Second Support is:146.03
Third Support is:145.76
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username009 (2019-03-20)
Todays analysis for the pair gbp jpy.
The trend is showing a bearish movement for this pair.
Sell signal for the hourly time frame.
Support levels:-
S1 145
S2 145.94
S3 146.27
Resistance levels:-
R1 147.21
R2 147.83
R3 148.78
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username009 (2019-03-20)
the gbp/jpy cross extended its intraday rejection slide from the 148.00 handle and was now seen weakening further below the 147.00 round figure mark.
after yesterday's subdued price-action, the cross met with some fresh supply and now seems all set to extend last week's retracement slide from the 149.00 neighborhood, or four-month tops amid mounting concerns over the future of brexit.
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Unregistered (2), username009 (2019-03-20)
Resistance 3: 144.56
Resistance 2: 144.45
Resistance 1: 144.53
Support 1: 145.465
Support 2: 146.24
Support 3: 146.97
i hope my post will give you benifite
wish for good 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.
AliAbbasNaqvi (2019-03-20), Billions (2019-03-20), username009 (2019-03-20)
AliAbbasNaqvi (2019-03-20), username009 (2019-03-20)
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