Gbp/Jpy

[00923027642346]

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

[abdelkrim]

The US dollar against the Japanese yen (JPY / JPY) fluctuates strongly below its annual highs. In fact, the price of the dollar against the Japanese yen (USD / JPY) is evolving within a technical triangle formed since the beginning of October under long-term dollar resistance to 114.45 JPY. Although it tries to bounce back to a low of 112.36 JPY, USDJPY, due to this major resistance, faces medium-term technical risks. This risk will be re-launched in the event of a breach of 112.36

[ah15]

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)

[302]

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.

[FM1881]

Trying to catch a rebound from support 128.00 (+ another figure), a pair of marking time for several hours and can not break it, it seems here there was a buyer, I think it will lead to at least a couple of corrections, the stochastic signal to buy.

In M30 chart, price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 126.97

[FM2127]

as awaited this duet making a rugged bearish movement opportune after the interest termination yesterday......and the support pedigree has been bust by yesterday act but becareful i cogitate this twosome is nearing the low and the solon reversal give happen presently.....watch out at 129 - 128 extent to commence longstanding close hebdomad

[isha]

awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
down signal tp:50 pip
loss:20 pip

[isha]

the trend is still down
if indicates the trend is still trade down from :168.11
Recommendation: sell
Take profit1: 167.75
take profit2:167.28
Stop Loss :168.55

[ba33]

Price pair could not achieve positive new bullish tendency to re-price decline to form a negative prompt

It should be mentioned that the pair remains his tendency rising steadily 124.60 support level
The current bearish wave may reach the level of 126.40

Stochastic fall down to limit the level of saturation sale

[ba33]

pair- gbp/jpy
chart analysis time frame- m30



a triangle chart pattern is setup with the price movement and having resistance at the 168.40 level. as this is rejected price down but now the ris is also in triangle setup. the price may be not able to move above the resistance and falling. short if this is break the supporting trend line at the 167.85 level with 160.00 take profit.
good luck