GBP/JPY: Buy above break out

FX:GBPJPY   British Pound / Japanese Yen
273 0 6
Major resistance- 162.80 (100 EMA )

Major support -159.93 (10 day EMA )

GBP/JPY             has recovered after making a low of 160.15 on Friday. It is currently trading around 162.49.

The pair is facing major resistance around 162.80 and any break above will take the pair till 164.10/166.

On the lower side major support is around 161.50 and break below targets 160.70/159.90 in short term. The minor support is around 162.30/161.80.

Short term weakness only below 160.

It is good to buy above 162.80 with SL around 161.80 for the TP of 164.10/166
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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 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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out