FxWirePro
Short

GBP/JPY breaks major trend line support at 190.25, targets 185

FX:GBPJPY   British Pound/Japanese Yen
172 2 5
GBP/JPY             has broken major trend line support 190.25 (trend line joining 174.86 and 184.97) and this confirms major trend reversal , a decline till 185 is possible.

On the higher side major resistance is around 191.50 and any break above confirms trend reversal.

The minor resistance is around 190.55 and above that minor resistance targets 191/191.55.

The pair's support is around 189.60 and any indicative break below will drag the pair further down till 189.10/187.85/185.

It is good to sell around 190-190.10 with SL around 191.50 for the TP of 187.85/185.20
Cant agree more
missed my entry smh
Reply
Two potential targets based on a rising wedge- GBPJPY
Reply
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