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forex47_

GBPJPY (W) - Buy now

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
forex47_  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Fibonacci
2
2
trendanalysis supportandresistance fibonacci
  • GBPJPY continues to rise after 18 weeks of price adjustment

  • The correction reached ~5%, showing that the uptrend is still very strong

  • The nearest strong resistance lies at 180.265-181.805
    coincides with the Fibonacci Expansion

  • Buy at current price 157.4-157.5
    TP at 180.265
    SL at 147.304
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