TipTVFinance

GBP/JPY - Poised for a rally

OANDA:GBPJPY   British Pound/Japanese Yen
Daily/Weekly chart

· The pair finally closed above 128.03 (23.6% Fibo of Sept high and Oct             low) after having repeated failed to do so last month. Also note the bullish 5-DMA and 10-DMA crossover.

· On the weekly chart, we have a bullish price RSI divergence. Consequently, the cross looks poised for a rise to 130.10 (38.2% Fibo).

· On the other hand, only a daily close below 127.19 (previous day’s low) would signal bullish invalidation.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out