GBPJPY Short Side Trade .

GBPJPY Short Side Trade .

GBPJPY is trading in ascending channel pattern .After reaching at resistance level ,it has higher chance of retracement on down side . According to chart pattern analysis , we might see down side in GBPJPY towards support level of channel pattern then if it break...
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...