FxWirePro
Short

GBP/JPY:Sell below 9-day EMA

FX:GBPJPY   British Pound/Japanese Yen
298 0 7
Major support – 135.80 (9- day EMA).

Major resistance – 136.53 (23.6% retracement of 138.83 and 135.82)

GBP/JPY             has broken major support at 136.25 and declined till 135.82 at the time of writing. It is currently trading around 135.99.

The Japanese Yen             has outperformed against on all major pair’s yesterday on account of weaker than expected US services index .

On the lower side, major support is around 135.80 (9- day EMA) and any break below will drag the pair to next immediate support at 1352.25/134 in the short term.

Any break above 136.53 will take the pair to next level till 137.25/138/138.85. It should close above 138.85 for further bullishness.

It is good to sell below 135.80 with SL around 136.55 for the TP of 135/134
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out