GBP/JPY breaks major resistance 185.30, targets 187/187.45

FX:GBPJPY   British Pound / Japanese Yen
287 2 8
GBP/JPY             faces strong resistance around 185.30 and overall trend reversal can happen above that level.

Any break above 185.30 targets 187/187.45 in short term.

On the downside minor support is around 184.40 and break below targets 183.90/183.40.

It is good to buy above 185.30-35 with SL around 184.40 for the TP of 187/187.45
Why it is considered a demand zone and not a supply one?
+1 Reply
If it breaks that level lot of buying will happen
+2 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out