website utilities


Follow us:
+1 64 64 8000 31 (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.
Weekly forecast British Pound / Japanese Yen technical chart
Symbol GBPJPY

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateOctober 9, 2022 - 14:22
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 158.000, beginning of uptrend is expected.
  • We make sure when the resistance at 168.420 breaks.
  • If the support at 158.000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 165.705 on 10/05/2022, so more losses to support(s) 160.656, 159.472 and minimum to Major Support (158.000) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 48.

Supports and Resistances:

  1. 165.992
  2. 164.277
  3. 162.500
  4. 160.656
  5. 159.472
  6. 150.974
Click on the level to view price action history.