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15.04.201907:55 Forex Analysis & Reviews: Forecast for GBP / JPY pair on April 15, 2019

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

GBP / JPY pair

On the weekly chart, the current price of the pair is higher than the balance line indicator and he marlin oscillator is in a strong growth position. The target for price growth is the MACD line of 150.05.

Exchange Rates 15.04.2019 analysis

On the daily chart, the price is higher than all indicator lines. The marlin oscillator goes to the territory of the growing trend towards the zone of positive numbers.

Exchange Rates 15.04.2019 analysis

On the H4 chart, the growth occurs according to the results of all the indicators. We are waiting for the price to be at 150.05.

Exchange Rates 15.04.2019 analysis

Laurie Bailey
Analytical expert of InstaForex
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