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GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | Jul 23, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 135.99. The pair started a new up trend after breaking the resistance level at 134.76. Previously, the pair was consolidating in the resistance and support wedges . The pair has already started a new up trend by breaking the resistance...
GBPJPY Short Term Down Trend .

GBPJPY Short Term Down Trend .

by | Jul 22, 2020 | Forex Trade Ideas, GBPJPY

GBPJPY is Trading In-Channel Pattern. At Resistance price retrace back towards the support level . According to chart pattern analysis, we might see a small downside in GBPJPY from the current level, as it is trading in channel pattern the long term trend is on the...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | Jul 9, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 135.31. The pair may start a new down trend if it breaks the support level at 135.24. Previously, the pair was trading in an up trend by making higher-high lower-low pattern in the resistance and support wedges . If the pair starts a...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | Jul 1, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 134.02. The pair may start a new up trend if it breaks the resistance level at 133.89. Previously, the pair was trading in an up trend and after touching the resistance level it started consolidating in the resistance and support...
GBPJPY Bearish Triangle Pattern.

GBPJPY Bearish Triangle Pattern.

by | Jun 26, 2020 | Forex Trade Ideas, GBPJPY

GBPJPY is forming a Descending Triangle pattern, which is a bearish pattern . According to chart pattern analysis, we might see a downside in GBPJPY toward support level 1 and support level 2. One can initiate the short side trade at the current level with proper risk...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | Jun 25, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 133.01. The pair is consolidating in the resistance and support ascending triangle wedges . Previously, the pair was trading in a down trend and after touching support level it started consolidating in the resistance and support...