Gbp/Jpy

[00923027642346]

GBP/JPY remains on the downside for a test on 124.18 support first. Break there will confirm resumption of the whole fall from 140.02 and should 122.15 support next. On the upside, above 126.24 minor resistance will turn bias neutral for gbp/jpyMarket setbacks have been very well supported on dips below 125.00 and we look for the formation of a fresh medium-term higher low around the psychological barrier ahead of the next major upside extension back towards and eventually through 140.00.

[yuyul]

Daily overview for GbpJpy

The price is finding the first support at 139.11 and the next support is at 138.92 The price is finding the first resistance at 139.56 and the next resistance is at 139.78

--- Trading recommendations for trading : Open Buy ---

I predict price will be continued flying today. The first target is the level 139.70 After fixing below the first target, then price will go to the level of 139.96 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Support – Resistance :
Resistent1 : 139.56
Resistent2 : 139.78
Resistent3 : 139.95
Support 1 : 139.11
Support 2 : 138.92
Support 3 : 139.07

[Younas007]

GBP/JPY market technical analysis

market trend is going bullish

Resistance levels
the market could break the first resistance at =139.59
the market could break the second resistance level at =139.71
the market could break the third resistance level at =139.82

Support levels
the market could break the first support levels at =139.33
the market could break the second support level at =139.21
the market could break the third support level at =139.10

[Qasim14]

if this pair manage to break today high tommorow then we can enter the long order.......it has a divergence pattern on the daily chart so this is a good opportunity to enter long with 136 for the tp gbpjpy broke the low but is can go down any futher it stop just beyond the previous low........from my daily chart and gann swing degree this pair and candlestik formation plus a divergence pattern................it is the bottom of the trend.............if today candle close as doji it will give a strong signal of revesal...

[shahry]

Daily analysis about trend is buy

Resistance and Supporting level is :

1> Resistance is : 139.3673
2>Resistance is : 139.3686
3>Resistance is: 139.3699


1> Supporting is : 139.3647
2>Supporting is: 139.3633
3>Supporting is: 139.3620

[isha]

Downtrend should end up in the range of 125.65, for the next rally to above 126.44. If GBPJPY continues to move down and fall to below 125.60 to continue the bearish trend

[isha]

Consolidation from 129.64 is still in progress and deeper decline could be seen to 127.03 and below. But, we'll stay bullish as long as 124.72 support holds and expect rise from 118.82 to continue later. Break of 129.64 will target upper channel resistance (now at 130.73)

[zainm6050]

Thanks to forex and his team because today he grant bonus to all its active users thanks

[yulbang111]

bullish trend seems to be taking place on the gbpjpy pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 138.98 and strong support at level 138.78 in hourly time frame. there is possible chance price will move to up side. then next high price is 139.48

I suggest to entry BUY with stoploss at 138.63 and take profit at 139.48
I hope you can earn consistent profit from my signal, good luck

[FM2127]

GBP/JPY remains on the downside for a test on 124.18 support first. Break there will confirm resumption of the whole fall from 140.02 and should 122.15 support next. On the upside, above 126.24 minor resistance will turn bias neutral for gbp/jpy