FxWirePro
Short

GBP/JPY trades weak, intraday bullishness only above 189.20

FX:GBPJPY   British Pound/Japanese Yen
243 4 9
GBP/JPY             has made a low of 188.18 and is currently trading around 188.55. Intraday trend is bearishness as long as 189.20 holds.

Any break above 189.20 would extend gains till 189.80/190.45 in short term.

On the downside minor support is around 188 and break below will target 187.40/186.

It is good to sell around 188.55-60 with SL around 189.20 for the TP of 187.40/186.
Good point.Selling weak rallies will be good.
Reply
I will go short if it hit 188.25.
Reply
TahirAli TahirAli
I just woke up to see that my limit order never got filled as price never recovered back to 188.25.
Reply
Wonderful Analysis :) TP2 also hit.
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