Technical Analysis : GBP/JPY 13 April 2020

Forex Technical Analysis : GBPJPY

Target Level 132.9753

Date : 13 April 2020

Support Line (A) : 132.9380 – Last TP of Rising Wedge

Resistance Line (B) : 135.7495 – Last TP of Rising Wedge

Target Period : 2 days

Interval : 4 hours

Pattern : Rising Wedge

Length : 84 Candles

Detail : Rising Wedge has broken through the support line at 11-Apr-04:00. Possible bearish price movement forecast for the next 2 days towards 132.9753.

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

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