Rimani 
Condizioni di trading
Strumenti
As predicted on Friday, GBP/JPY is moving higher. The pair is trading above the rising 50-period moving average, which plays a support role and maintains the upside bias. The relative strength index is mixed with a bullish bias. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Hence, while the price is above 141.20, look for a further upside movement towards 142.70 and 143 in extension.
Alternatively, if the price moves in the opposite direction as predicted, a short position is recommended below 140.80 with the target at 140.35.
Chart Explanation: the black line shows the pivot point. The price above pivot point indicates the bullish position and when it is below pivot points, it indicates a short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.
Strategy: BUY, Stop Loss: 142.15, Take Profit: 143.40.
Resistance levels: 143.40, 144.00, and 144.75
Support levels: 141.65, 141.40, and 140.75
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
