FxWirePro: sell gbpjpy on rallies
来源: FxWire Pro - Technicals / 07 十一月 2019 04:02:27 America/New_York
Ichimoku Analysis (Hourly chart )
GBPJPY is trading in narrow range 139.46 and 140.74 for the 1- week. The overall trend is still weak as long as resistance 141.50 holds. The pound sterling was one of the best performers in the past 2 months especially against yen, gained more than 10% on strong GBP.
USDJPY recovered sharply for the day after hitting 200-H MA and any break above 109.30 confirms major bullishness.
On the flip side, near term support stands around 139.45 low made on Oct 29th, violation below targets 139/138.
It is good to sell on rallies around 140.25-30 with SL around 140.75 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.