GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

Currently, GBP/JPY is trading at 138.08. The pair may start a new down trend if it breaks the support level at 136.45. Previously, the pair was making higher high lower low pattern in the resistance and support wedges . If the pair starts a new down trend after...
GBPJPY Bearish Pattern Formation.

GBPJPY Bearish Pattern Formation.

GBPJPY is Forming the bearish pattern at the top after giving a good upside movement. Descending the Triangle pattern indicates that we might see a downside in GBPJPY towards the support level , as shown in the chart. According to chart pattern analysis, one can...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

Currently, GBP/JPY is trading at 135.99. The pair started a new up trend after breaking the resistance level at 134.76. Previously, the pair was consolidating in the resistance and support wedges . The pair has already started a new up trend by breaking the resistance...
GBPJPY Short Term Down Trend .

GBPJPY Short Term Down Trend .

GBPJPY is Trading In-Channel Pattern. At Resistance price retrace back towards the support level . According to chart pattern analysis, we might see a small downside in GBPJPY from the current level, as it is trading in channel pattern the long term trend is on the...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

Currently, GBP/JPY is trading at 135.31. The pair may start a new down trend if it breaks the support level at 135.24. Previously, the pair was trading in an up trend by making higher-high lower-low pattern in the resistance and support wedges . If the pair starts a...
GBP/JPY Technical Analysis.

GBP/JPY Technical Analysis.

Currently, GBP/JPY is trading at 134.02. The pair may start a new up trend if it breaks the resistance level at 133.89. Previously, the pair was trading in an up trend and after touching the resistance level it started consolidating in the resistance and support...