Gbp/Jpy

[ashaab]

The pair is still trading within the ascending minor channel shown above, while we are still waiting a breach of the channel`s support to activate our morning expectations. In result, our suggested scenario remains valid for the rest of the session today as long as the level of 125.65 remains intact.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair with a breach of 124.45, targeting 123.20 and then 122.25 and stop loss above 125.20 might be appropriate

[vampire]

For today trade on this pair, I suggest you to stay = wait and see first. Look - on this pair there is was formed 4 candle that can not break more down to that Low fibo (124.13). But, truly, I see the more bearish continuation here for next price movement = the bearish continuation here must be triggered by the nice bearish candle that then can truly break that Low fibo / support 124.13 of course. So, we can start sell after that Low fibo can break by price from top, of course.

[Sondag]

Not expecting too much for the pair with the end of XXXJPY. It moves slowly as always. Take a look at support 124.15 and its resistance at 124.95. My daily strategy is buy at support and sell at resistance. If this pair could break its suppport and resistance for minimum 30 pips, it have found the trend.

[purohit]

Gbp /jpy boht he acha or best pair ha muja ya pair boht acha lagta ha or main es pair ko boht zada used karta hoon muja es pair par boht sara borassa hota ha es lya main na kafi profit be earned kar lyaa ha trading sa ap koi be ak dooo pair chose kar loo or us par he trading karo kafi profit earned kar sakta hoo.

[ashaab]

The pair is trading bearishly since the morning, settling around 124.50. Therefore, no changes apply to our weekly expectations , which remain valid as long as stability below 125.65 is seen.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 125.65, targeting 124.70 and then 123.25 and stop loss with 4-hour closing above 126.30 might be appropriate

[Sondag]

This pair is trapped between the Resistance level at 124.95 and its support at 124.35. My strategy for this pair is to buy at low, and sell at high. If this pair could broke wether its resistance or support for about 25 pips, we can say it, its show the trend.

[ashaab]

The pair is trading within a tight range since the morning around 124.80. Therefore, our morning expectations remain as they are for the rest of the session today as long as the pair is stable below 125.65.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 125.65, targeting 124.70 and then 123.30 and stop loss with 4-hour closing above 126.30 might be appropriate

[Sondag]

Well, this pair is went on sideways and trapped between the support level of 124.50 and Resistance at 124.95. I think, its better be to buy on the low and sell on the high. But considerring its spread, i think its better to go "Buy" only and wait for 2 or more days to gain profit. Set the TP at 124.95

[ashaab]

The pair is still stable below 125.65, while momentum indicators are still positive. Therefore, our suggested scenario remains valid as long as the pair is stable below the mentioned level.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 125.65, targeting 124.70 and then 123.40 and stop loss with 4-hour closing above 126.30 might be appropriate

[khaled24]

For the Daily chart , we can notice that the pair has broken its bullish channel from a period and started to fall down on a bearish channel , the pair has just made a retest on the lower line of this bearish channel and reversed its direction by moving up , for me i expect this pair to continue moving up till it reach the resistance level @ 125.03(50.0%) then @ 126.96 (61.8%) or below it a little , then the pair will move down again on the channel indicated , i support now to buy on the short term and sell later , Good Luck