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GBPJPY Daily Support and Resistence

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Pair :GBPJPY
Date :07 Feb 2019

R3 :143,36
R2 :142,95
R1 :142,60

Pivot Point :142,19

S1 :141,84
S2 :141,43
S3 :141,08

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#1 - February 07, 2019, 08:31:27 AM

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GBP JPY looks almost reaching support at fibo 100 level, possibly the price managed to pull back is strong enough this time, this is supported by the news BOE rate for GBP tonight, if it turns out the price managed to pull back then it will go to the closest resistance at 144,500  If it turns out the price is down far, then the next target is at Fibo support level 61.8 at the price of 137,400, for now I choose to wait for the GBP news later tonight before deciding which option is better to take. Thank you
#2 - February 07, 2019, 09:34:45 AM

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GBPJPY is experiencing a Bearish trend phase.
The 142.04 price is now under the Moving Average Daily.
We observe the GBPJPY chart currently moving from 142.49 to 141.73,
The CCI indicator is currently below Zero Level (-80.37).
Meanwhile the price is below the Parabolic SAR.
The current Daily Range for GBPJPY is 76 pips.
#3 - February 09, 2019, 05:14:00 AM

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GBP JPY looks almost reaching support at fibo 100 level, possibly the price managed to pull back is strong enough this time, this is supported by the news BOE rate for GBP tonight, if it turns out the price managed to pull back then it will go to the closest resistance at 144,500  If it turns out the price is down far, then the next target is at Fibo support level 61.8 at the price of 137,400, for now I choose to wait for the GBP news later tonight before deciding which option is better to take. Thank you
Thank you for your analysis ...I will be waiting for your decision 
#4 - February 09, 2019, 06:55:11 AM

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Prices are below the daily pivot 142.66.
The small MA is below the MA the price is between the two MAs.
The price forecast will be bearish, but retrace will occur first with the initial Support target 1.
Possible to penetrate up to Support 2.

#5 - February 09, 2019, 07:22:07 AM

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...

GBP JPY looks almost reaching support at fibo 100 level, possibly the price managed to pull back is strong enough this time, this is supported by the news BOE rate for GBP tonight, if it turns out the price managed to pull back then it will go to the closest resistance at 144,500  If it turns out the price is down far, then the next target is at Fibo support level 61.8 at the price of 137,400, for now I choose to wait for the GBP news later tonight before deciding which option is better to take. Thank you
Good afternoon ... With the BBMA for GBPJY on H4 the analysis is still in buy only ... with the base of the bull candle close above the LowBand, so on H4 the analysis of the bullish potential of Gbpjpy looks to test the Hight 142.50 even higher
#6 - February 10, 2019, 04:48:46 AM
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« Last Edit: February 10, 2019, 04:50:53 AM by jonforex »

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GBPJPY Daily Support and Resistence in Technical_z1BUT7wJ

GBPJPY movement has similar with GBPUSD, if look on H1 timeframe, it seems still on bearish pattern, where EMA indicator show if price still below the line, so according to EMA tendencies movement for this pair on bearish, and based on RSI value that on number 41, its show price not yet reach overbought or oversold area.
#7 - February 10, 2019, 02:03:06 PM

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GBPJPY- on Monday we have support at 141.5x -141.7x  and supply zone  at 142.7x, bigger supply zone is around 144.  If the previous week low will not be broken then we can have good buying opportunity. we will see
#8 - February 10, 2019, 03:59:37 PM
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gj will still continue bearish trend .. while there is still no confirmation candle it may drop to the target price of 141.5xx
#9 - February 10, 2019, 04:08:15 PM

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Pair :GBPJPY
Date :07 Feb 2019

R3 :143,36
R2 :142,95
R1 :142,60

Pivot Point :142,19

S1 :141,84
S2 :141,43
S3 :141,08
Thank you for sharing the analysis that you know and for tonight it looks like GBPJPY will go down to the price of 145,210 because it has passed the previous support.
#10 - April 20, 2019, 03:23:22 PM

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Pair :GBPJPY
Date :07 Feb 2019

R3 :143,36
R2 :142,95
R1 :142,60

Pivot Point :142,19

S1 :141,84
S2 :141,43
S3 :141,08
thank you sir for sharing the technical results that you have analyzed.
#11 - April 21, 2019, 03:38:56 PM

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Technically, today's gbpjpy pair is bearish, but it is the right choice, but look for the best moment to enter the market.
#12 - April 24, 2019, 02:26:01 AM

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Pair :GBPJPY
Date :07 Feb 2019

R3 :143,36
R2 :142,95
R1 :142,60

Pivot Point :142,19

S1 :141,84
S2 :141,43
S3 :141,08
thank you for sharing the results of your analysis sir, and it looks like for tonight GBPJPY will form a base and in the base analysis technique I haven't understood enough, maybe you can explain for me.
#13 - April 24, 2019, 03:51:29 PM

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Pair :GBPJPY
Date :07 Feb 2019

R3 :143,36
R2 :142,95
R1 :142,60

Pivot Point :142,19

S1 :141,84
S2 :141,43
S3 :141,08
for tomorrow it seems to me that GBPJPY will go down to 144,350
#14 - April 24, 2019, 04:32:14 PM

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GBPJPY down again at 141.24
#15 - April 24, 2019, 05:23:57 PM

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