GBP/JPY breaks major resistance at 134.05, targets 135.25/136

FX:GBPJPY   British Pound / Japanese Yen
321 0 9
Major support- 133.25 (hourly Kijun-Sen).

Major resistance- 134.05

The pair has broken major resistance 134.05 after long time consolidation. GBP/JPY             trades higher after Yellen sends hawkish signals in Jackson hole meeting.

It has made a high of 134.39 at the time of writing and is currently trading around 133.66

The intraday trend is still bullish as long as long as support 133.25 holds. Any break a below 133.25 will drag the pair down till 132.67 (100 –H MA) /131.97 (200 –HMA).The pair should close below 131.97 for further weakness.

On the higher side, any break above 134.05 will take the pair to 135.25/136.

It is good to buy on dips around 133.65 with SL around 133.25 and TP of 135.25/136
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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