GBP/JPY 4H Chart: Could aim at 136.07 - Trade Pattern Ideas - Dukascopy Bank
Thu, 25 Jul 2019 06:05:58 GMT
Source: Dukascopy Bank SA
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Sell
Sell
RSI(14)
Neutral
Neutral
Buy
Stochastic(5;3;3)
Neutral
Neutral
Neutral
Alligator(13;8;5)
Buy
Sell
Sell
SAR(0.02;0.2)
Buy
Sell
Sell
Aggregate
⇗
⇘
⇘
The Pound Sterling has appreciated about 1.03% in value against the Japanese Yen since last week trading sessions. The surge was stopped by a resistance level formed by the 100-hour SMA at 135.23.
As for the near future, it is likely that the GBP/JPY currency pair will aim for a resistance level formed by the 200-hour simple moving average at 138.07 in the coming days.
However, the 100-hour SMA, the monthly S1 and the weekly R1 near the 135.53 regions could provide resistance for the currency exchange rate during the following trading sessions.
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.