FxWirePro
Short

GBP/JPY faces strong resistance at 138.85,good to sell on rallie

FX:GBPJPY   British Pound / Japanese Yen
346 0 14
Major resistance - 138.85

Major support - 137.30 (55- H EMA )

GBP/JPY             has formed temporary top around 138.85 and declined from that level. It is currently trading around 137.69. Short term trend is slightly weak as long as resistance 138.85 holds.

On the lower side support stands at 137.30 and nay violation below targets 136.65/136 in the short term.The pair is trading below hourly Tenken-Sen (137.95) and hourly Kijun-Sen (137.92). So slight dips till 136 is possible .

Any break above temporary top targets 140/142.40.

It is good sell on rallies around 137.45-137.50 with SL around 138 for the TP of 136
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out