GBPJPY surged sharply on the bullish pound sterling. holding above short-term 21-EMA, RSI Testing 70 level if break more up but scope pullback at 70
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Short- GBPJPY-142.900 Stoploss-143.690 Target Price-141.860
TARGET: 48 PIPS TP1: 144.63 TP2: 144.449 SL: 145.30
TARGET: 62 PIPS TP1: 144.371 TP2: 144.087 SL: 145.529
Our preference: sales position below 141.20 with targets at 139.50 & 138.10 in extension. Alternative scenario: in excess of 141.20, aim for a continuation of the increase with 141.80 & 142.65 in line of sight. Comment: as long as 141,20 is not exceeded the risk of a depression of 139,50 is important.
There is a downtrend. set Entry price - 141.824, TP - 141.318, SL - 142.224
All the JPY signals shows uptrend today. So it is the right time to buy JPY signals
SUMMARY: The secondary trend of GBP/JPY is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 50 day SMA and is taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 164.10 and support at the level of 158.40. If it breaks...
The reason why we feel GBPJPY may RISE. * On weekly basis it has just started moving UP. * To RISE and come near 164.86 levels * Stoch RSI (3,3,14,Close) is Rising. * RSI (14,CLOSE) is Rising. * CCI (20,CLOSE) is Rising. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :163.29,...
We expect GBPJPY to RISE. CCI is rising. RSI is rising. STOCHASTIC RSI is rising. We would like to LONG GBPJPY above: 160.93 SL: 160.38 TGT 01: 162.31 TGT 02: 162.92 TGT 03: 164.80 Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
GBPJPY is expected to sink now. There are many reason why we feel it may sink. * ABANDONED BABY in daily Chart . * To sink and come near 154.14 levels * Stoch RSI (3,3,14,Close) is not in favour. * RSI (14,CLOSE) Is saying it may sink. * CCI (20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart pattern we expect it to...