GBP/JPY - British Pound Yen
Short term (Intraday)
199,65. GBP JPY is in an downtrend directed by 1H exponential moving averages. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 197,50 support.
=> We could take a short position at 200,00. We will put the stop loss above 200,70 (-70 pips). The targets are 199,00 (+100 pips) 198,00 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
=> We could take a short position at 200,00. We will put the stop loss above 200,70 (-70 pips). The targets are 199,00 (+100 pips) 198,00 (+200 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
- Resistances
- 200,40 - 200,90
- Supports
- 199,00 - 198,00
updated 29 août 2008 06:26 GMT +02:00
Receive free alerts by email when technical analysis are updated.
FAQ Technical analysis
- How Long Are The Analysis Valid For?
- Do You Give Forex Signals? What's The Cost?
- What Is Trend Indicator?
- What Is The Risk/reward Ratio?
- How And When Are The Technicals Updated For The Trading Pairs?
- Why There Are So Few Trading Order In Technical Analysis?
- Could You Please Explain How Your Trading System Works?
- What Is Forexsto?
- How Many Pips Away Is It Advisable To Put The Stop Loss?
- What Is Your Previous Trading History Like?
- Candle Stick
- What The Trade Configuration Means?
- Entry Points
You have a question on technical analysis? just ask in the forum!
Latest technical analysis
- EUR/USD - Euro Dollar
Nov 20, 14:08 GMT - GBP/USD - British Pound Dollar
Nov 20, 14:04 GMT - USD/CAD - US Dollar Canadian Dollar
Nov 20, 14:01 GMT - USD/CHF - Dollar Swiss Franc
Nov 20, 13:58 GMT - USD/JPY - Dollar Yen
Nov 20, 13:53 GMT - GBP/JPY - British Pound Yen
Nov 20, 13:47 GMT - EUR/JPY - Euro Yen
Nov 20, 13:43 GMT - EUR/GBP - Euro British Pound
Nov 20, 13:39 GMT - EUR/CHF - Euro Swiss Franc
Nov 20, 13:37 GMT - EUR/CAD - Euro Canadian Dollar
Nov 20, 13:35 GMT - EUR/AUD - Euro Australian Dollar
Nov 20, 13:32 GMT - AUD/USD - Australian Dollar US Dollar
Nov 20, 13:28 GMT