FxWirePro
Long

GBP/JPY is trading well above 180, jump till 183 is possible

FX:GBPJPY   British Pound/Japanese Yen
175 1 1
GBP/JPY             has recovered till 180.99 after making a low of 179.28 (resistance turned into support). Overall trend is on upside and a jump till 183 cannot be ruled out.

On the downside minor support is around 180 and break below will drag the pair further down till 179.25/178.30 (200 day 4HMA).

Indicators (4 Hour chart)

Woddies CCI (14) – Buy

CCI (50) – Buy

Ichimoku- Buy

We prefer to Buy GBP/JPY             around 180.10 with stop around 179.25 for the target 181.10/183.






That's totally different from my view :D
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out