FxWirePro
Long

GBP/JPY recovers after making a low of 190.99, targets 193.60

FX:GBPJPY   British Pound / Japanese Yen
240 0 7
GBP/JPY             has recovered after making a low of 190.99 and is currently trading at 192.45. Short term trend is bullish as long as support 192 holds.

On the higher side minor resistance is around 193 ( 200 day HMA ) and any break above will extend gains till 193.66/194 in short term.

The pair’s potential loss is unlimited if it breaks below 192 and below 192 it will target 191.50/190.99.

Bullish invalidation only below 190.50.

It is good to buy at dips around 192.40-45 with SL around 191.95 for the TP of 193.40/193.90
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out