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J-GBPJPY

Don't miss the great sell opportunity in GBPJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (133.4). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 132.60 TP2= @ 131.95 TP3= @ 131.20 SL: Break Above R2
Short
by ForecastCity_EU
2
Don't miss the great sell opportunity in GBPJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (133.65). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 53. Take Profits: TP1= @ 132.55 TP2= @ 131.90 TP3= @ 131.20 SL: Break Above R2
Short
by ForecastCity_EU
4
GBPJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=133.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=132. TP4: S2=131.25. Set the stoploss of these orders at breakout of R2=133.5. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=133.5. In this situation, there is an expectation to reach the target R3=134.65. Set the stoploss of reverse orders at breakout of R1=133.3. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Short
by ForecastCity_EU
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=127.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=128.9. TP4: R2=129.7. Set the stoploss of these orders at breakout of S2=126.35. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=126.35. In this situation, there is an expectation to reach the target S3=124. Set the stoploss of reverse orders at breakout of S1=127.1. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=137.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=138.55. TP4: R2=139.15. Set the stoploss of these orders at breakout of S2=137.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=137.2. In this situation, there is an expectation to reach the target S3=135.8. Set the stoploss of reverse orders at breakout of S1=137.65. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
1
Analysis of GBPJPYHey trades, hope you all are having a great week. So here is the analysis of GBPJPY. As always our blue line indicates support and resistence and the black line indicates the possible trend. As we can see that the trend is in middle so we advice you to not take any trade. However we can see that it broke the trendline support and has gone down, also we can see that it stated gowing down after hitting the upper resistence at 144.200 so one can take a small sell call keping tp at 135.800 or can wait for a breakout.
by Ryan_lopes
GBPJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=142.7. TP4: S2=142.3. Set the stoploss of these orders at breakout of R2=144.05. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=144.05. In this situation, there is an expectation to reach the target R3=145.1. Set the stoploss of reverse orders at breakout of R1=143.85. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.5. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.2. TP4: R2=143.45. Set the stoploss of these orders at breakout of S2=142.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=142.3. In this situation, there is an expectation to reach the target S3=141.3. Set the stoploss of reverse orders at breakout of S1=142.5. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
2
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.7. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.45. TP4: R2=144. Set the stoploss of these orders at breakout of S2=142.6. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=142.6. In this situation, there is an expectation to reach the target S3=141.7. Set the stoploss of reverse orders at breakout of S1=142.7. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.45. TP4: R2=144.35. Set the stoploss of these orders at breakout of S2=142.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=142.3. In this situation, there is an expectation to reach the target S3=141.2. Set the stoploss of reverse orders at breakout of S1=142.6. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
GBPJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=142.05. TP4: S2=141.25. Set the stoploss of these orders at breakout of R2=143.6. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=143.6. In this situation, there is an expectation to reach the target R3=144.65. Set the stoploss of reverse orders at breakout of R1=143.4. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Short
by ForecastCity_EU