GBP/JPY Short term outlook

FX:GBPJPY   British Pound / Japanese Yen
215 0 0
GBP/JPY             has once taken support near 181 and recovered till 182.33 from that level. In 4 hours it has formed a triple bottom around 181.40 and jump till 183.70 cannot be ruled out.

On the downside any break below 181.40 will drag the pair further down till 180/179.10.

The pair’s minor resistance is around 182.30 and nay break of would extend gains till 183/183.70.

Indicators (4 hour chart)
CCI (50) – Sell
CCI (14) – Sell

Recommendation: Buy GBP/JPY             around 182.10, SL 181.35, Targets 183/183.60.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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