FxWirePro: sell gbpjpy on rallies
ソース: FxWire Pro - Technicals / 27 10 2019 09:55:25 America/New_York
Ichimoku Analysis (hourly analysis)
GBPJPY continues to trade weak after hitting a high of 141.50. The pair was one of the best-performing assets in this month and jumped more than 1000 pips on Brexit optimism. The Pound sterling has lost more than 150 pips from 1.30125 made on 21st Oct 2019.10.25
Technically, support is around 138.90-139 and any convincing break below will drag the pair down till 138/137.25.
The bullish continuation can be seen only above 141.50 level and any violation above targets 142.50/143.
It is good to sell on rallies around 139.35-40 with SL around 140 for the TP of 138/137.25.© FxWire Pro 2019. All rights reserved. The FxWire Pro content received through this service is the intellectual property of FxWire Pro or its third party suppliers. Republication or redistribution of content provided by FxWire Pro is expressly prohibited without the prior written consent of FxWire Pro, except for personal and non-commercial use. Neither FxWire Pro nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.