drilonn23

GBPJPY to reach 148.00 then retrace

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY may reach 148.00 level which has served as a good resistance area when the pair reached this level before 3 times since the middle of Dec. 2016. This area also acted as a strong support in before in 2013 and 2016 so we may expect a retrace to the 143.00-144.00 levels when the price hits this area in just few days where the price could find some support at the trend line . A break below this trend line would trigger a move down to 139.00 area where price may find some support action and then retrace or move down to new areas of interest which are around of 135.00 and 125.00.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out