FxWirePro: sell gbpjpy on rallies
来源: FxWire Pro - Technicals / 30 九月 2019 06:31:53 America/New_York
Major support- 132.80 (55- day EMA)
GBPJPY is consolidating after hitting a low of 132.32. The pair recovered till 133.25 and is currently trading around 133. It has formed a temporary top around 135.75 and is currently trading around 132.88. GBP jumped more than 50 pips after hitting support near 200-4H MA. It is currently trading around 1.23279.
Technically, near term support is around 132.20-30 (38.2% fib) and any break below will drag the pair till 131.60/130.10.
The minor intraday trend reversal only above 133.30 and any violation above will take the GBPJPY till 134/134.60. Major trend reversal only above 135.75.
It is good to sell on rallies around 133.30-40 with SL around 134 for the TP of 131.60.© 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.