Weekly Predictions (Feb 25 - Mar 1)

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Support and Resistance Oscillators Moving Averages forecast predictions GBPJPY dailychart 4hrchart

supportandresistance oscillator movingaverage forecast predictions gbpjpy dailychart 4hrchart

- Price consolidating at previous resistance
- Overbought on Stochastic Oscillator
- Possible Double Top in the works of being formed

Comment:

4-hr chart

snapshot

- Neither overbought nor oversold
- Consoldating

Comment:

- Wait for price to break out of zone to effectively use EMA STRATEGY

Comment:

Link to previous Weekly Predictions:

Weekly Predictions (Feb 18 - 22)

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