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Gbp/jpy analysis for 09.04.2013 by using pivot indicator.
r3: 156.490
r2: 155.955
r1: 155.415
pivot: 154.880
s1: 154.340
s2: 153.805
s3: 153.265
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The British Pound was higher against the Japanese Yen on Tuesday.
GBP / JPY was trading at 154.75, up 0.24% at time of writing.
The pair was likely to find support at 151.51, Thursday's low, and resistance at 154.97, today's high.
At the same time, the British Pound was up against the U.S. dollar and the Euro, with GBP / USD gaining 0.03% to hit 1.5548 and EUR / GBP falling 0.07% to hit 0.8482.
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 use technical analysis of currency pairs in the market GBPJPY at 17:59:42 which is the current market position is at 154.96 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands=TREND UP, M A C D=TREND UP, Parabolic SAR=TREND DOWN, Stochastic=TREND UP,
but it is by looking at the position on the market today gained 153.88 points pivots, yesterday high at 154.90 and yesterday low at 152.37 so support and resistance
R3 : 157.92
R2 : 156.41
R1 : 155.39
Pivots : 153.88
S1 : 152.86
S2 : 151.35
S3 : 150.33
of some of the analysis contained in the signal TREND UP at currency pairs GBPJPY, so the best step to open position BUY by set take profit at 155.16 and stop loss at 154.76. 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.
The following data is predicted based on indicators that we use for the currency pair GBP/JPY today, for today's support and resistance levels as follows: (R3=157,9), (R2=156,4), (R1=155,38), (Pivots=153,88), (S1=152,86), (S2=151,36), (S3=150,34)
recommendation:
place your sell stop at 153,68 target profit at 153,48 (Seller zones)
place your buy stop at 154,08 profit target at 154,28 (buyer zone)
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.
GBP JPY achieved a breach above 154.25 as we expected to rally higher approaching from 155.00, supporting our previous expectation to achieve the initial target around 155.30 and then 157.00 in the near period. Stochastic breaches 80 level to settle in the overbought level to provide the required support for the bullish bias to reach the previously mentioned targets.
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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.
My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)
Open : 154.38
Resistance : 155.34 155.54 155.84
Support : 154.44 154.24 153.94
High / Low : 155.44/ 154.34
Range : 110 pips
Running Price : 154.70
for intraday trade today suggest buy at the level 154.70, stop loss at the level 154.44, target take profit at the level 155.84
===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.
today i like to sell this pair @ 155.22
my stop loss of the day @ 155.53
half take profit for today @ 154.87
and further half take profit @ 154.57
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.
GJ is still bullish. It started some retrace from daily R1. But I think after some retracement it will go for 156.xx . I mean still it may not get top and current top is temporary imo. So aggressive trader can sell to catch some pips in retracement .
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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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