FxWirePro: gbpjpy breaks trend line support, dip till 138 likely
来源: FxWire Pro - Technicals / 29 十月 2019 06:17:08 America/New_York
Ichimoku Analysis (Hourly chart)
GBPJPY has halted its 3 days of a winning streak and lost more than 70 pips after showing a minor jump till 140.25. The overall trend is weak as long as resistance 141.50 holds. GBP is trading weak against USD for the day, any break below 1.2780 confirms minor weakness.
On the flip side, near term support is around 138.93 (38.2% fib) and any violation below will drag the pair down till 138/137.55.
The near term resistance is around 140.50 and any break above will take to minor level 140.75/141. Major bullish continuation only above 141.50.
It is good to sell on rallies around 139.75-80 with SL around 140.30 for the TP of 138.© FxWire Pro 2020. All rights reserved. The FxWire Pro content received through this service is the intellectual property of FxWire Pro or its third party suppliers. Republication or redistribution of content provided by FxWire Pro is expressly prohibited without the prior written consent of FxWire Pro, except for personal and non-commercial use. Neither FxWire Pro nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.