FxWirePro
Short

GBP/JPY is trading weak ,decline till 175 is expected

FX:GBPJPY   British Pound/Japanese Yen
155 0 1
GBP/JPY             has recovered slightly after making a low of 176.47. Short term trend is still bearish as long as resistance 179 holds.

• On the downside 176.50 is acting as short term support and any break below will drag the pair further down till 175.80/175.

• The pair's short term resistance is around 177.50 and any indicative break above would extend gains till 178.50/179.
Indicators (1 Hour chart)

CCI (50) - Sell

CCI (14) - Sell

CCI (14)-Sell

Recommendation: Sell GBP/JPY             around 177.50 SL 178.51, Targets 176.50/175.85.
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