SubscribeI think gbp jpy has bearish mood so we should wait to see and confirm whether it cross he support below 1.53 or move upward after breaking resistant
Thread: Gbp/Jpy
I think gbp jpy has bearish mood so we should wait to see and confirm whether it cross he support below 1.53 or move upward after breaking resistant
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a few days ago, GBPJPY moving in a narrow range and tend sideway. in tokyo open before prices go up but looks capable of bouncing on resistance. and prices also began to move down. condition weekly LSMA be pointing up again after the previous panel. LSMA daily and also pointing up. but daily LSMA be pointing back down again. This shows if the power of buyers and sellers balanced. because prices only move in a narrow range. then I suggest to wait until conditions become more apparent.
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we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 151.18
stochastic refers that the pair will go down
so our target sell from 152.90 and our target will 172pips
Good luck
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Gbp/jpy analysis for 08.22.2013 by using pivot indicator.
r3: 155.169
r2: 154.386
r1: 153.659
pivot: 152.876
s1: 152.149
s2: 151.366
s3: 150.639
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Once in the prediction of several indicators for the technical analysis of currency pairs GBP/JPY on the market today are at the 152.88 pivot then I recommend you to do the open position BUY with some criteria such as the following
You put a take profit at 153.18 positions
You put a stop loss at 152.58 positions
Support and resistance at (R3 = 155.19), (R2 = 154.43), (R1 = 153.67), (Pivots = 152.88), (S1 = 152.09), (S2 = 151.41), (S3 = 150.66)
For long-term targets remain BUY with a target of 100 pips profit
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in 30m chart
the pair close down the up trend
i see the pair will down up to 150
good luck
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hi
we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 154.13
rsi refers that the pair will go up
so our target buy from 153.13 and our target will 100pips
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.
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 intraday: Going BULLISH trend.
Pivot@ 151.9
My choice: Open BUY positions on top of 151.9 with targets at 153.55 and 154.05 in extension.
Alternate choice conditions: Underneath 151.9 start looking for further down-side with 151.45 and 151.1 as targets.
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