Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.

Intraday forecastBritish Pound vs. Japanese Yen technical chart
SymbolGBPJPY
Release TimeThu, 01/10/2019 - 20:44
Advisebuy (limit) above S1=137.7
Intraday
Short term
Yesterday range135
Yesterday high139.1
Yesterday low137.75
Yesterday close138.27
R3139.9
R2139.45
R1139.05
S1137.7
S2137.4
S3136.25
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=137.7.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=139.05.
TP4: R2=139.45.
Set the stoploss of these orders at breakout of S2=137.4.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=137.4.
In this situation, there is an expectation to reach the target S3=136.25.
Set the stoploss of reverse orders at breakout of S1=137.7.

Latest forecasts
Release Time Symbol Intraday R S
Mon, Mar 18 2019, 20:23 GBPJPY Subscribe! Subscribers Only Subscribers Only
Mon, Mar 18 2019, 15:22 GBPJPY Subscribe! Subscribers Only Subscribers Only
Fri, Mar 15 2019, 00:39 GBPJPY free 149.65
148.85
148.55
147.4
147.15
145.9
Thu, Mar 14 2019, 00:40 GBPJPY Subscribe! Subscribers Only Subscribers Only
Tue, Mar 12 2019, 21:57 GBPJPY Subscribe! Subscribers Only Subscribers Only