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GBPJPY CLOSE TO TREADLING RESISTANCE

GBPJPY CLOSE TO TREADLING RESISTANCE

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

Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the price is at its trendline . One can wait for it to breakout. Let us...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | Jun 18, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 132.68. The pair started a new down trend on 9th June and after giving the exit signal on regression trend, it consolidated between the resistance and support levels. After breaking the support level and neck line at 133.97, the pair...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

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

Currently, GBP/JPY is trading at 137.22. The pair started a new down trend on 8th June after breaking support level at 138.29. The price is forming a lower-low-lower high pattern and moving towards its first target, which is at 135.99 and its second target is at...
GBPJPY Consolidation to Down Trend.

GBPJPY Consolidation to Down Trend.

by | Jun 4, 2020 | Forex Trade Ideas, GBPJPY

GBPJPY has given a good rally. Now at the current level, it is consolidating and forming head and shoulder patterns. According to the chart pattern, we might see a downtrend in GBPJPY after some consolidation. One can trade for downside with proper risk management and...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

by | May 28, 2020 | Forex Trade Ideas, GBPJPY

Currently, GBP/JPY is trading at 132.84. The pair is consolidating in the ascending resistance and support wedges . If it breaks the resistance level at 133.09, the pair may start a new up trend and its target price will be at 134.96. If it breaks the support level at...