FxWirePro
Long

GBP/JPY forms hammer pattern,buy above 159.80

FX:GBPJPY   British Pound / Japanese Yen
284 0 8
Candlestick Pattern – Hammer

Major resistance – 159.80

The pair has recovered after making a low of 158.44.It is currently trading around 159.46.

Short term trend is slightly bullish as long as support 158.50 holds. Any break below 158.50 will drag the pair down till 156/154.50.the minor support is around 159.

On the higher side major resistance is around 159.80 and any break above 159.80 will take the pair till 160.55/161/161.80.

It is good to buy above 159.80 with SL around 159 for the TP of 161.50/161.80
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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