GBP/JPY broke resistance zone

GBP/JPY broke resistance zone

  • GBP/JPY broke resistance zone
  • Next buy target - 145.00

GBP/JPY continues to rise after the earlier breakout of the resistance zone lying between the resistance level 143.00 (which stopped the previous minor impulse wave (i), as can be seen below) and the 50% Fibonacci retracement of the previous downward impulse from the start of August. The breakout of this resistance zone accelerated the active minor impulse wave (iii) – which belongs to the impulse wave 3 from the middle of June. GBP/JPY is expected to rise to the next buy target at the next resistance level 145.00 (target price for the active impulse wave (iii)).


GBP/USD: bullish 'Doji'

It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...


Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera