GBPJPY.P trade ideas
💡 Don't miss the great sell opportunity in GBPJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (141.65). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 140.68
TP2= @ 140.05
TP3= @ 139.55
TP4= @ 138.70
TP5= @ 137.64
TP6= @ 136.82
SL: Break Above R2
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💡 Don't miss the great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (141.7). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 142.25
TP2= @ 142.50
TP3= @ 142.50
SL= Break below S2
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GBPJPY: Short for correctionSell on cmp keeping SL of recent high for a target of a new recent low and 141.2 zone.
💡 Don't miss the great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (141.35). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 142.00
TP2= @ 142.25
TP3= @ 142.80
SL= Break below S2
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GBPJPY SHORT TERM SELLTriangle has been formed on 15M Candlestick. There is high chance of short sell in GBPJPY in next days
GBPJPY OUTLOOK139.40 support. if break 139.40 need to wait until 138.30
141.20 target ...if any break above 141.28 aggressive buying towards 143
GBPJPYsymmetrical triangle breakout resistance line..
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
GBD/JPY LEVEL FOR WATCH gbd/jpy level to watch here will drop on levels and show reaction either gone to breaks and retest or may be bounce here
💡 Don't miss the great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (139.0). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 140.00
TP2= @ 140.30
TP3= @ 140.70
SL= Break below S2
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ForecastCity English Support Team ❤️
