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

 


 


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