Bintang

$GBPJPY makes technical break but will it hold..?

FX:GBPJPY   British Pound/Japanese Yen
66 0 4
GBPJPY             has ticked the box for a technical breakout but the negative sentiment toward GBP following Brexit and the continuing Yen strength hold us back. We have UK jobs data up at 09:30, we would look o trade in the direction of the move on the back of that print.

Downside looking for 130.00 and below but doubt we will see a stretch to 129.00 unless data is awful

Upside looking for 132.00 and the 200 HR             MA, a break here should initiate stronger run with eyes on 135.00. When this pair gets a run it can really motor so we would not rule out a stronger move especially if JPY finally starts to show some cracks
United States
United Kingdom
India
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