Thread: Gbp/Jpy
The pair declined sharply yesterday to complete the formation of the double top shown above, especially after the breach of the neckline at 127.10. The pair is stable below the retest level of 125.65, providing more bearish signs that support the continuity of the downside movement today . Our main target is the retest level of 123.75. A breach of 125.65 might trigger a retest of the previously breached neckline at 127.10.
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Daily updates for the pair Gbp/Jpy
this pair always gives me a good profit on every trade .today its move is much better than previous .The money management of the trading trend is very effective for getting profits with the stop loss and take profits method of getting with current trade position.
Today Trend for this pair is : sell
over all up movement; 141.10
over all Down movement : 140.22
End point of today market; 140.54
My judgments always make me to control the forex market movement. But please you always put a take loss in your trade for reduce your risk. Best of Luck
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This platform is very good. I,m new here and want to know about this platform if anyone guides me then please contact me feel free waiting for your response . thanks for this post. Thanks for thanks
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.
If you use channel indicator to analyze the market then you can easily indicate that the price was at resistance whith is the Red line on the TMA indicator and this is a bearish signal that can be used to sell the GBPJPY pair today .
A new Yellow and orange point appears on the chart to tell us that there is a good chance for the price to move up through the day .
By the way a RED line is now shown on the timig indicator to notice a sell condition for the current time and it is also near the level of 30 .
Finally buying can be a choise for today as long as you can find a confirmation on the timing indicator or an opposite signal didn't appear on the chart .
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GBP/JPY intraday: bounce back anticipated. BULLISH Pattern
Rotate: 151.1
Our inclination: Long positions above 151.1 with targets @ 152.2 and 152.8 in expansion.
Elective situation: Underneath 151.1 search for further drawback with 150.4 and 149.9 as targets.
Remark: the combine remains over its help and should post a bounce back.
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Daily (SA148P) updates for Gbp/Jpy
////////////Today\\\\\\\\\\\\\\
Standard Support – Resistance:
Resistent3: 142.68
Resistent2: 142.10
Resistent1: 141.74
Pivot level: 141.16
Support 1: 140.58
Support 2: 140.22
Support 3: 139.64
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. 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.
SA153P
After understanding the analysis I am trying to discussGbp/Jpy pair today.
After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
Trading recommendation for a big profit is… ( sell )
I use the moving average for analysis
Moving Average (period 60) Red: down
Moving Average (Period 10) Yellow: down
Moving Average: (Period 200) green: down
Crossing Point:14.60
End point of today market: 140.54
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My dear sir, today my technical analysis for Gbp/Jpy
Resistance level 1 = 140.80
Resistance level 2 = 140.91
Resistance level 3 = 140.99
Support level 1 = 140.54
Support level 2 = 140.45
Support level 3 = 140.36
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GBP/JPY formed at short term bottom at 124.18 and rebounded strongly on Japan intervention last week. The breach of 130.27 resistance was brief and GBP/JPY fails to sustain above the falling 55 days EMA so far.
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consolidation pattern from 129.42is still in progress and deeper fall could be seen. But, we'll stay bullish as long as 124.62 support holds and expect rise from 118.92 to continue later. Break of 129.42will target upper channel resistance
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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