Sentiment : 130.15 130.15
The pair GBP/JPY has failed the break the resistance at 131.79 last friday and is now moving towards a test of the support at 130.15. Indicators are globaly bearish. We continue to advise long positions as far as 130.15 is support. The breakout of 131.79 will give a new buy signal and open the way towards 133.15 In case of return below 130.15, we will then advise short positions.
Chart of the pair GBP/JPY - Timeframe 4H - Zoom in :
Chart of the pair GBP/JPY - Timeframe 4H - Zoom out:
GBP/JPY Live Chart - Timeframe : 4h