FxWirePro
Long

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
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out