GBP/JPY bounces off support - Technical Analysis - Dukascopy Bank
Wed, 28 Apr 2021 07:18:24 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
25%
29%
-15.8%
Shorts
75%
71%
5.4%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Sell
Neutral
Sell
Stochastic(5;3;3)
Sell
Neutral
Neutral
Alligator(13;8;5)
Buy
Neutral
Buy
SAR(0.02;0.2)
Buy
Buy
Sell
Aggregate
⇒
⇗
⇒
Upside risk pressured the British Pound against the Japanese Yen on Tuesday. The currency pair bounced off a support cluster at the 150.23 area during yesterday's trading session.
Given that the exchange rate is currently trading above the 50- and 200- hour SMAs, bullish traders could drive the GBP/JPY pair towards the 152.00 level during the following trading session.
However, the weekly resistance level at 151.41 could provide resistance for the currency exchange rate within the following trading session.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.
To learn more about Dukascopy Bank Binary Options
/ Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Business Introducer and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.