FX:GBPJPY   British Pound / Japanese Yen
Previous Day's Momentum is Bearish overall. I continue to think there is a need to push lower to fill a large wick @141.15. With this bias in mind i take a top down view to find clarity. Weekly- Support @ 140.52, Resist @143.00. Bearish overall on this chart. Daily- 141.34 seems to be a significant level for Bullish price interaction to the far left. 1 Hour- Double Top w/ multiple interactions @ 142.80 within the previous day. Yesterday, we also saw a failure to break the 141.50 Price level of short term support. I would like to see GBP JPY retrace to the 142.26/37 levels in an impulse before pushing lower to fill 141.15 level lower. At that point, we are likely to see a reversal in Bearish sentiment.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out