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

Talking Points

  • Prices broke resistance at 168.81 (23.6% Fib exp.), exposing 170.64 (38.2% Fib exp.)
  • Negative RSI divergence warns of ebbing bullish momentum, hinting at a reversal ahead
  • Dropping back below 168.81 sees trend line support at 167.53
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-jpy_body_Picture_11.png, Forex: GBP/JPY Technical Analysis – Top Forming Near 170.00?Daily Chart - Created Using FXCM Marketscope 2.0

comments powered by Disqus