GBPJPY is testing trend support, but buyers are keeping the price away from risk zones. The currency pair is returning to the bullish zone relative to 193.5, which generally opens up the market to 195.0-197.0 upside potentialOn W1, the currency pair after a false breakdown of global resistance is moving back to 195.844, which generally tells us about the strength of buyers. Interventions by the central bank of Japan played a short-term role and the news leverage has exhausted itself. Traders continue to put on short positions and still sell the national currency, which in general only strengthens the pound against the yen.
Consolidation above 193.5 confirms the bulls' intentions to continue the growth.
Resistance levels: 194.15, 195.56, 197.38.
Support levels: 193.54, 193.0
A retest of the local resistance at 194.15 is being formed. A breakdown and consolidation above this level will cause further growth towards the previously mentioned targets.
Regards R. Linda!
Trade attivo
Consolidation is forming above the key level. The pair is preparing to go higherTrade attivo
The first goal can be achieved in the near futureTrade attivo
The bullish momentum is actively developing, while the yen continues to weaken. Traders are betting that the national currency of Japan may lose a few percent in the near futureTrade attivo
Trade attivo
Trade attivo
Trade chiuso: obiettivo raggiunto
Interim goal achievedThe currency pair may reach the key target next week
Trade attivo
There is an important level of 195.56 ahead. A pullback or consolidation before further growth is possible.Prospective target 197.4
Trade chiuso: obiettivo raggiunto
Trade attivo
Nota
The target of 197.38 is almost reachedPrice is testing the channel resistance and in general, part of the order can be closed
Trade chiuso: obiettivo raggiunto
Nota
Weakness in the Japanese Yen prevents the greasy pair from falling far. A retest of resistance is formingTrade chiuso: obiettivo raggiunto
The end target has been reachedNota
Currency pair continues to strengthenThe main target of 200.56 may be reached in the nearest future, which may be followed by a pullback.
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.