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Forex Market Daily Technical Analysis of GBP/JPY

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 195.69 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 195.69 with first target at 193.49 and second target at 192.90 in extension as take profits.
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Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of GBP/JPY Sybmol in 30M Time Frame Chart is: 195.69 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: 197.27
  • Resistance Level 2: 196.68
  • Resistance Level 1: 195.69

Technical analysis of GBP/JPY: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 193.49
  • Support Level 2: 192.90
  • Support Level 3: 192.31

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 195.69 with first target at 193.49 and second target at 192.90 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 195.69 with first target at 196.68 and second target at 197.27 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of GBP/JPY

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