Gbp/jpy currency is very good forex trade.this currency movement is very slow it is good for long time trade.you can earn more money in forex trade.so trade and earn more money.
Gbp/jpy currency is very good forex trade.this currency movement is very slow it is good for long time trade.you can earn more money in forex trade.so trade and earn more money.
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The support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon. We may see some up movement again to hit the Upper trendline
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Spoiler:
On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 127.12
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Immediate support seen around 126.10. A clear break below that area could lead price to neutral zone in nearest term testing 125.50/30 but overall I still prefer a bullish scenario.
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Gbp/jpy technical analysis for 04.10.2012 by using : Auto pivot indicator.
resistance 3:127.21
resistance 2:126.85
resistance 1:126.52
pivot point :126.16
support 1:125.83
support 2:125.47
support 3:125.14
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Spoiler:
Pada chart H1 ,harga berada diatas 12 EMA dan 72 EMA menandakan trend masih naik
50 RSI berada diatas area 50 menandakan trend masih naik
Opsi :BUY
Take profit :126.76
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Well, on daily chart pair made dash to the north and now rolls back to test the level for several days, there is a stop and the price ****ually diverted to the top ... so that the estimated target for the pair is 128.00 at least ...
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GBp/jpy technical analysis for 03.10.2012 by using : Auto pivot indicator.
resistance 3:127.15
resistance 2:126.81
resistance 1:126.45
pivot point :126.11
support 1:125.92
support 2:125.40
support 3:125.04
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GBP/JPY hold in monthly pivot level (126.19) after rise from daily pivot level (125.82) at asian session market ago. If positif sentiment continue from any trader, price may touch psicologyst level at 126.62.
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we have a very good chance to sell GBPJPY as we have a strong resistance level on the daily chart @50% so i predict that GBPJPY will move downward on the short term our target point will be@38.2%.
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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