Best GBPJPY News and Analysis
GBPJPY Analysis News and Analysis
As per current status, GBPJPY is
trading at 152.090. The Support and Resistance are as follows:
Support
Support1: 149.61
Support 2: 148.16
Support 3:145.68
Resistance
Resistance 1: 155.5
Resistance 2: 156.6
Resistance 3: 160.33
GBPJPY Chart Analysis
A closer look at the chart shows
that GBPJPY is continuing with the bullish trend to around 153.390. What
remains a guarantee is that once the 153.390 area is reached, I expect an
exhaustion phase to be experienced, followed by a massive drop to the area
below 148. 367 and 136.950. It is important to follow news and analysis to
ensure that the direction remains intact. My trading strategy today, I am in a
buy for short-term to the area around 153.027. I have also placed a sell limit
around the area, ready for the massive drop soon.
Short Term: Bullish
Long Term Bearish