Gbpjpybuy
GBPJPY approaching resistance, look out for potential reversal!
GBPJPY is approaching its resistance at 140.500 where it is could reverse down to its support at 139.089.
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GBPJPY - Update on next moveANALYSIS ON GBPJPY
Welcome to my analysis
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1 Hour Chart
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Interesting Point of interest In the GBPJPY pair.
- Price above 200 day EMA.
- Expecting more move to the upside.
- MACD showing bearish divergence but i can still see one more push to the top.
SELL at top, we should see move to around 144.00 zone.
Stay Tuned
GBPJPY - BUY NowYes if you can see the circled areas and whenever its hit the 50 EMA price is bouncing upwards. Did you noticed it? So in that case its better buy GBPJPY based on history.
Note: Trade at your own risk.
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