Daily Forex Update: GBP/JPY
GBP/JPY 9 days
Summary
Target Level | 126.71 | |
Target Period | 9 days | |
Stop Level | 136.25 |
Analysis
Channel Down identified at 04-Jun 16:00 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 126.71 within the next 9 days.
Supporting Indicators
Downward sloping Moving Average
Resistance Levels
(B) | 136.25 | Last resistance turning point of Channel Down. |
Support Levels
(A) | 126.71 | Last support turning point of Channel Down. |
- 8 June |
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