FxWirePro
Long

GBP/JPY breaks minor trend line resistance, targets 182.50/186

FX:GBPJPY   British Pound / Japanese Yen
643 1 13
GBP/JPY             is trading near trend line resistance 184.60 ( trend line joining 188.26 and 184.85) and break above targets 185.20/185.40/186.

On the downside major support is around 183.90 and break below targets 183.40/183.

Overall bullish invalidation only below 183.

The pair’s major resistance is around 185.20 and break above will take the pair to next level 186.

It is good to buy at dips around 184.55-60 with SL around 183.90 for the TP of 185.20/186
The pair is trading on a rising channel on the 4Hr. Agreed on the long idea
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener 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