FX:GBPJPY   British Pound/Japanese Yen
26 3 2
The primary trend of GBP/JPY             is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA downside indicating downtrend of the pair.
Resistance level of 153.36 and Support level of 151.65
If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: GBP/JPY             is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Paulgosal PRO
7 months ago
Absoulte rubbish will reach 154 handle with 7 days.
Reply
tayalsmith Paulgosal
7 months ago
This forecast is not for 7 days, its for today only.
Reply
Paulgosal PRO tayalsmith
7 months ago
well it reached 14 handle then retraced back.. where to now in your opinion ?..
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out