FxWirePro: gbpjpy daily outlook
来源: FxWire Pro - Technicals / 04 十一月 2019 04:06:19 America/New_York
Ichimoku Analysis (Hourly chart)
GBPJPY trading in a narrow range between 140.65 and 139.60 for the past 3 trading days. The overall trend is still weak as long as resistance 141.50 holds. The yen gained strength after forming a temporary top around 109.28 against USD. Markets eye US-Sino trade talks and Brexit for further direction.
Technically, near-term support is around 139.50-60 and any violation below will drag the pair down till 138.80. The jump from 130.50 will get completed at 141.50 only if pair trade below 138.80.
Major trend continuation can be seen only above 141.50 and any break above temporary top targets 142.50/143.
It is good to sell on rallies around 140.35-40 with SL around 141.50 for the TP of 138.80.© 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.