FxWirePro
Short

GBP/JPY struggles to break trendline resistance,targets 155

FX:GBPJPY   British Pound/Japanese Yen
306 1 7
Major resistance -158.5

Major support -157.20

GBP/JPY             has made a high of 158.54 on Friday and started to retreat from that level. It is currently trading around 157.11. Short term trend is still bearish as long as resistance 158.50 holds.

It is good to sell on rallies around 157.25-30 with SL around 158.50 for the TP of 155/154.70
hmmmpf
a year ago
Nice plan. Seems like GBPUSD doesn't violate structure to the upside which is a good sign for this idea :-)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex 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 Account and Billing Sign Out