FxWirePro
Long

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
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out