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
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
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 My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out