FxWirePro
Short

GBP/JPY Short term Outlook

FX:GBPJPY   British Pound/Japanese Yen
149 0 2
GBP/JPY             has recovered slightly till 178.40 after making a low of 176.47. Short term trend is still bearish as long as resistance 178.50 holds.

On the downside 177 is acting as short term support and any break below will drag the pair further down till 176.45/175.75

The pair's short term resistance is around 178.25 and any indicative break above would extend gains till 178.70/179.25.

Indicators (1 Hour chart)

CCI (50) - Buy

CCI (14) - Sell

CCI (14)-Sell

Recommendation: Sell GBP/JPY             around 177.65 SL 178.50, Targets 176.50/175.85.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out