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This is certainly on the gbp has been strengthened in all currencies, this makes the position more GBPJPY currency pair shows a very strong upward trend pattern, but for now GBPJPY has been oversold and I recommend to do the sell order. look at the picture I included had shown that prices have reached oversold limits on price 153.61,, you can start a sell order from now I'm sure there will be a reversal wait.
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.
time frame- H1
after breaking the resistance at 152.44 it make a pull down but hold at the 152.80 not able to brake this. now this is moving more up side and try to hit the daily resistance at 153.65. we can hold our long position to the target at 154.00
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GBP/JPY intraday: the upside prevails.BULLISH
Pivot: 152
Our preference: Long positions above 152 with targets @ 153.85 & 154.6 in extension.
Alternative scenario: Below 152 look for further downside with 151.05 & 150.6 as targets.
Comment: the pair stands above its new support and remains on the upside.
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es pair ko 131.28 pr majbut supprot he.. yahaa se ab ye upr jane ki kosis kar rhaa he
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दैनिक चार्ट पर मंदी की मोमबत्ती, कीमत को 132 यहाँ है दैनिक पर अगर कीमत इसे तोड़ने औसत सरल 200 चलती है,
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Pivot levels today:
R3: 153.65
R2: 152.89
R1: 152.37
PP: 151.70
S1: 151.17
S2: 150.50
S3: 149.98
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 154.71.
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 Gbp/Jpy using pivot indicator
Resistance 3: 153.65
Resistance 2: 152.97
Resistance 1: 152.44
Pivot: 151.76
Support 1: 151.23
Support 2: 150.55
Support 3: 150.02
"25/04/2013"
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