FxWirePro
Long

GBP/JPY breaks minor resistance 156.80, targets 158.45/160

FX:GBPJPY   British Pound / Japanese Yen
227 0 11
Major support -156.23 (100 day HMA )

Major resistance -158

GBP/JPY             has taken support near 100 day HMA and recovered from that level. It is currently trading around 157.09.

Minor weakness can be seen only below 156.23. Any indicative break below 156.25 will drag the pair down till 155.50/155.25.The minor support is around 156.70 (1 Hour tenken-Sen)

Short term bullish invalidation only below 153.50.

On the higher side any break above 158 will take the pair to next level till 159/160.50/162.70.

It is good to buy at dips around 157-157.10 with SL around 156.23 for the TP of 158.40/160/

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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