Standard pivots
GBPJPY
R3 128.037
R2 127.14
R1 126.244
PIVOT 124.568
S1 123.672
S2 121.996
S3 121.1
Standard pivots
GBPJPY
R3 128.037
R2 127.14
R1 126.244
PIVOT 124.568
S1 123.672
S2 121.996
S3 121.1
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Hamzagoroo (2019-03-31)
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.
Hamzagoroo (2019-03-31)
GBP/JPY rebounded strongly and the development suggests that corrective rise from 118.82 is still in progress. Intraday bias is mildly on the upside for 125.82 and above. But after all, we'd expect strong resistance from 127.10 to conclude the corrective rally, on bearish divergence condition in 4 hours MACD. Break of 122..86 minor support will now flip bias back to the downside for retesting 118.82 support next.
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Hamzagoroo (2019-03-31)
The pair's rebound from 118.81 could extend higher and rally further more. The next target would be 125.82 and more. On the downside, a break of 122.12 would indicate that the corrective rise has come to an end and the pair could test the 117.29 region.
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Hamzagoroo (2019-03-31)
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Hamzagoroo (2019-03-31)
we remain neutral for now awaiting more confirmations for the next move
Support 123.75 123.00 122.60 122.25 121.80
Resistance 124.40 124.75 125.30 125.65 126.30
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Hamzagoroo (2019-03-31)
GBPJPY has breaking support 1 at level 123.70 today from that i think this pair will continue go for down trend reaching support 2 at level 123.40.good luck..
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Hamzagoroo (2019-03-31)
The intraday bias of the pair has remained neutral so far. Its rebound from 118.82 could extend even further higher to 121 region. Meanwhile, a a penetration of the 121 region would suggest that the rebound is over and the pair has flipped back towards downward momentum targeting 118.82 and more.
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Hamzagoroo (2019-03-31)
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.
Hamzagoroo (2019-03-31)
we should wait the GBPUSD to retest the support level on the H4 chart we can buy if the GBPUSD doesn't break the support level@124.18 so we can buy this pair with SL @123.66.
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Hamzagoroo (2019-03-31)
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