SubscribeWe can see that in 1 chart of the deuce, the terms is in sideways. So, I expect the price give sustain go in the triangle decoration and instrument straighten a terminate out to go up.
Thread: Gbp/Jpy
We can see that in 1 chart of the deuce, the terms is in sideways. So, I expect the price give sustain go in the triangle decoration and instrument straighten a terminate out to go up.
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as predicted the cost increase returning up with a powerful positive engulfing candlestick......let see if the up keep strength can proceed until the end of the day and if that occur then it validate the buy installation for this weeks time.......132 - 135 next stage to look at
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yesar min ye treding es lia karta hon k is sy mujhy achy erning hoti hy jes s mare ghear ko kharch achy tarha sy chal jata hy and min es sy thory muj masti i ka leta hon.
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GBP / JPY exploded today as renewed concerns over the yen has sparked a siege on all currencies. In the last minute the pair peaked at 152.56 (intraday maximum), before being checked by the resistance. At this time, the couple had moved back slightly to settle at 152.20 / 25, +1.49% rose steadily.
The market will be watching to see if Japan came under criticism for continuing to flaunt their taste for controversial policies that have led to rapid devaluation of their currencies. With the G20 meeting will continue on Friday, investors will enter the details.
After rising above the 151.48 resistance level, identify additional level correction at 152.47. Paring some of the increase will ultimately lead to the pair met support at 148.97, then 147.98, and 147.22.
"GBPJPY maintain a bullish bias yesterday, and tried to break through the resistance level 151.15, which if it is able to survive in the top, we could see further upside towards the recent highs around the 153.85 level. Overall, we will wait for stability above 151.15 to confirm the next steps.
Support: 152.06, 151.88, 151.63
Resistance: 152.92, 152.74, 152.49
Trend: Bullish
Overbought / Oversold: Overbought
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elliott zigzag or flat correcton 151.04 it should be subject to more sell off towards 149.37 or 148.99 corrective up ward swing should face resistances around 150.76 area abreak of 151.50 is bullish
support and resistances
res2 151.50
res1 150.74
pivot 149.74
sup1 148.99
sup2 147.99
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hi
how are you
we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 148.53
stochastic refers that the pair will go down
so our target sell from 151.52 and our target will 290pips
Good luck
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hi
how are you
we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 150.36
stochastic refers that the pair will go down
so our target sell from 151.55 and our target will 116pips
Good luck
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this pair moved back up above the previous high before the boe rate
news and if i not wrong this pair has establish the wave 1 swing and later next week it will start the wave 2 swing
hahahha
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Thanks to this topicI'm not the best this currency pair. Rolling Recommend to the dollar and the euro. Because it is of more Alamlah the ease of analysis
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we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 150.47
stochastic refers that the pair will go down
so our target sell from 151.37 and our target will 88pips
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.
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