FxWirePro
Long

GBP/JPY faces minor support around 172.95, good to buy at dips

FX:GBPJPY   British Pound/Japanese Yen
231 0 4
Major support – 172.95 (55 day H EMA)

The pair has declined till 173.14 at the time of writing and started to recover from that level.

Intraday trend is slightly bullish as long as support 172.95 holds. On the higher side major resistance is around 174 and break above will take the pair till 175/176.30.

Overall bullish invalidation only below 171.50.

It is good to buy at dips around 173.50 with SL around 172.95 for the TP of 175/176.30
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 Account and Billing Sign Out