Filed Under:
Forex pairs in this Article » GBP/JPY
To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices turned lower as expected after showing a Bearish Engulfing candle pattern
  • Breaking support at 170.53 (23.6% Fib ret.) exposes 167.87 (38.2% Fib ret.)
  • Reversing above 173.05 (14.6% Fib exp.) targets 174.69 (23.6% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-jpy_body_Picture_11.png, Forex: GBP/JPY Technical Analysis – Support Above 170.00 at RiskDaily Chart - Created Using FXCM Marketscope 2.0

comments powered by Disqus