GBP/JPY Short term outlook

FX:GBPJPY   British Pound / Japanese Yen
196 0
GBP/JPY has broken major resistance 184.20 and jump till 185.76 cannot be ruled out. The pair’s minor support is around 183.50. Any break below will invalidate intraday bullishness.

On the downside break below will target 182.50/181.50 in short term.

Indicators (4 hour chart)
CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Buy

Recommendation: Buy GBP/JPY around 184.20, SL 183.49, Target 185.76.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out