FxWirePro
Short

GBP/JPY retreats from higher levels, good to sell on rallies

FX:GBPJPY   British Pound/Japanese Yen
147 0 5
GBP/JPY             has made a high of 189.20 today morning and has started to retreat from that level. Overall trend is weak as long as 189.20 holds.

On the downside minor support is around 187.60 and any break below will drag the pair further down till 187/186.25.

The pair’s minor resistance is around 188.20 and break above would extend gains till 189/20/190.

It is good to sell on rallies around 187.70-75 with SL around 188.30 for TP of 186.60/186.25
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex 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