I think that this is a good opportunity to get in short position from the resistance level at 179.26 with take profit at 176.02.
Thread: Gbp/Jpy
I think that this is a good opportunity to get in short position from the resistance level at 179.26 with take profit at 176.02.
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analysis for today 2 / 5 / 2015
GBPJPY
Resistance : R1 178.46 R2 178.71 R3 178.91 R4 179.21
Support : S1 177.77 S2 177.52 S3 177.32 S4 177.02
Open : 178.01
High : 178.52
Low : 177.71
Range : .81 Pips
Running Price : 178.36
Strategy : SELL at the level 178.36 stop loss at the level 178.46 target take profit at the level 177.32 or at the level 177.02
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analysis for today 2 / 4 / 2015
GBPJPY
Resistance : R1 178.75 R2 179.00 R3 179.20 R4 179.50
Support : S1 178.05 S2 177.80 S3 177.60 S4 177.30
Open : 178.28
High : 178.80
Low : 178.00
Range : .80 Pips
Running Price : 178.70
Strategy : BUY at the level 178.70 stop loss at the level 178.05 target take profit at the level 179.20 or at the level 179.50
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Spoiler:
Daily Forecast
Pair: GBPJPY
Major Trend: Bullish
Time Frame: H1
Reason: For the US session, the market has formed a bullish pattern, and the market is predicted to still be a correction to 176.98.
Recommendation: Sell now or, buy limit at 176.98
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yes target hit 177.68 good
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analysis for today 2 / 2 / 2015
GBPJPY
Resistance : R1 177.23 R2 177.48 R3 177.68 R4 177.98
Support : S1 176.95 S2 176.70 S3 176.50 S4 176.20
Open : 176.50
High : 177.70
Low : 176.48
Range : 1.22 Pips
Running Price : 177.15
Strategy : BUY at the level 177.15 stop loss at the level 176.95 target take profit at the level 177.68 or at the level 177.98
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.
The sentiment is ranging and price is still expected be bearish and hit 176 and any break below 175 will bring the pair to 170 level, which is more likely to happen. 10-year UK Gilt near record lows so the price is expected to go lower.
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After breaking the support level at 177.69, I think thatwe can get in short position with take profit at 176.13.
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.
analysis for today 1 / 30 / 2015
GBPJPY
Resistance : R1 178.20 R2 178.45 R3 178.65 R4 178.95
Support : S1 177.11 S2 176.86 S3 176.66 S4 176.36
Open : 177.86
High : 177.86
Low : 177.45
Range : .41 Pips
Running Price : 177.45
Strategy : SELL at the level 177.45 stop loss at the level 178.20 target take profit at the level 176.66 or at the level 176.36
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.
I think that we can open a sell deal from the resistance level at 178.86 with take profit at 177.16.
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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