After being dropped in the beginning of the session, GBPJPY rebound from 127.66 support area
GBPJPY weakened since failed to break resistance at 129.65. Key short-term support area is located between 127.04 and 126.71.
too riskyy
After being dropped in the beginning of the session, GBPJPY rebound from 127.66 support area
GBPJPY weakened since failed to break resistance at 129.65. Key short-term support area is located between 127.04 and 126.71.
too riskyy
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The pair is fluctuating around 130.00 and that activates the morning suggested scenario which remains valid today as far as the pair does not stabilize above the mentioned level.
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Not only the price of the pair Bmhaorh 189.20 level which is a 23.6% Fibonacci retracement, to achieve note to close above its market price reached a positive level and the previous works on the abolition of the bearish outlook for the near and medium term. Therefore, the next scenario depends entirely on the strength of the level of 189.20 to make us try to renew its shown persistence expected price of emerging attempts and extends toward the trading level of 192.90 and down to the top of previously recorded at 195.80.
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Keep the price of the pair on stability above 185.30 to note its stability since trading this morning above average axis moving 55 to acquire so some positive momentum in its stability above the level of 186.55, if the stability of the price above the level of 187.00, it will support the attempt to test the price for the breached support level at 189.20 and then to begin price formation of a new tendency to resume its bearish so the downside corrective attempts.
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Exceeded the price of the pair trades yesterday 55 SMA axis, which is the first awaited target at 187.00 to note touching the price evened the 50% Fibonacci and stationed at 185.30 almost, is currently being price attempts to re-test the moving average and remains generally within the falling level steadily key resistance at 189.30.
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.
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.
Made a pair price strong negative trading to note getting off the level of 191.10 thus achieving break stationed at 189.35 support assures us Tmaxh control downside bias until this moment, now we can confirm the extension of the pair to the level of 187.00 to constitute a first goal for the current period, with an emphasis on the stability of the level of 23.6% Fibonacci as resistance against attempts descending.
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.
pair- gbp/jpy
time fram- m15
technical analysis-
the down movement of the price has been moved to the daily support level two at 186.40 level. the stoch indicator is also showing oversold as moving level 20. its up movement as correction can expected. hold the short entry with stop loss at 187.00
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.
bhai gbp/jpy ka trend down hai, waise to GBp kafi jayda weak chal raha hai, aur jitne bhi pair hai wo kafi gire hai, ye acha mauka tha Sell karke paisa earn karne ka long trend to waise bhia down hi hai iska.
Sabka Malik Ek
Spammers Hate Me
It succeeded price pair scorer expected level during trading on Friday and goal at 190.80 to note price influenced by strong passively since trading this morning and to achieve a clear breach the previous level, providing the price to close the market price reached a negative without breached level will support the negative of new attempts until the price reaches the level of the next target at 187.80 .
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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