Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/JPY Sybmol in 30M Time Frame Chart is: 185.20 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of GBP/JPY: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 186.23
- Resistance Level 2: 185.84
- Resistance Level 1: 185.20
Technical analysis of GBP/JPY: Support Lines of Day in 30M Time Frame:
- Support Level 1: 183.80
- Support Level 2: 183.42
- Support Level 3: 183.04
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 185.20 with first target at 183.80 and second target at 183.42 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 185.20 with first target at 185.84 and second target at 186.23 in extension as take profits