GBP/JPY Intraday London session
1st sup.
214.36
2nd sup.
213.80
3rd sup.
213.37
1st res.
215.66
2nd res.
216.47
3rd res.
217.32
Trend following strategy can be considered on fail of initial resistances between 215.66 and 216.47 with targets at 214.36 & 213.80 in extension.
Alternative scenario, above 216.47 looks for further upside with 217.32 as targets.
Comment: The pair still on down trend but the 30 minutes RSI remains supported by a medium trend rising trend line, the pair should face a slight weakness before a rebound on its support.
Disclaimer-Please Read
All resources are for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. Before deciding to invest or trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Investors and Traders should consult with a professional financial advisor for the effects of active investing.
Any opinions, news, research, analyses, prices, or other information is provided as general market commentary and does not constitute investment advice. No acceptance of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Do Your Due Diligence and take responsibility.
1st sup.
214.36
2nd sup.
213.80
3rd sup.
213.37
1st res.
215.66
2nd res.
216.47
3rd res.
217.32
Trend following strategy can be considered on fail of initial resistances between 215.66 and 216.47 with targets at 214.36 & 213.80 in extension.
Alternative scenario, above 216.47 looks for further upside with 217.32 as targets.
Comment: The pair still on down trend but the 30 minutes RSI remains supported by a medium trend rising trend line, the pair should face a slight weakness before a rebound on its support.
Disclaimer-Please Read
All resources are for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. Before deciding to invest or trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Investors and Traders should consult with a professional financial advisor for the effects of active investing.
Any opinions, news, research, analyses, prices, or other information is provided as general market commentary and does not constitute investment advice. No acceptance of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Do Your Due Diligence and take responsibility.
:. Me too... thx for the drink also ... 
