GBP/JPY: market broke all Moving Averages

GBP/JPY: market broke all Moving Averages

The price has been rising since the last 'Triple Bottom' was formed. The market has broken all the Moving Averages and there's no any reversal pattern so far. In this case, we should watch the nearest important resistance at 146.28 - 146.54 as a possible bullish target. If a pullback from this area happens next, there'll be a moment to have a bearish correction towards 145.48 - 145.01 and the Moving Averages.

2-5-2019-GBP-JPY-H4.png

Similar

Latest news

XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

Deposit with your local payment systems

Callback

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.

Beginner Forex book

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