• FxWirePro: gbpjpy breaks minor trend line support, dip till 133 likely

    ソース: FxWire Pro - Technicals / 19 9 2019 09:33:33   America/New_York

    Ichimoku analysis (Hourly chart)

     

    Tenken-Sen- 134.68

     

    Kijun-Sen- 134.98

     

    GBPJPY has halted its 2- weeks of winning streak and showing a minor weakness. The pair jumped more than 900 pips on account of the strong Pound sterling. The yen also trading slightly weak on easing the US-China trade war. It hits a high of 135.66 and is currently trading around 134.43.

     

    Technically, near term support is around 134.25 and any violation below will drag the pair till 133.70/133.

     

    On the higher side near term, resistance is at 135.02 and break above targets 135.66/136.28. Any violation above 136.28 will take the pair till 137/137.75.

     

    It is good to sell on rallies around 135-135.05 with SL around 135.65 for the TP of 133.

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