FxWirePro
Short

GBP/JPY Short term Outlook

FX:GBPJPY   British Pound / Japanese Yen
222 0 1
GBP/JPY             made a high of 187.25 and is struggling to hold above the median line .overall trend is bearish as long as resistance 187.30 holds.
On the upside break of 187.30 will take the pair to 187.80/189.20 in short term. The pair’s minor support is around 186 and any indicative break below would extend loss to 185/184.40.
In the hourly chart it has also formed bearish divergence in MACD and is expected to show slight weakness for the intraday.

CCI (50) – Buy
CCI (14) – Sell
Ichimoku- Neutral

Recommendation: Sell GBP/JPY             around 186.50-55, SL 187.30, Target 185.02
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out