Technical Analysis : GBP/JPY 2 April 2020

Forex Technical Analysis : GBPJPY

Target Level 134.7190

Date : 2 April 2020

Support Line (A) : 132.5185 – TP of Channel Up

Resistance Line (B) : 134.7190 – TP of Channel Up

Target Period : 3 days

Interval : 1 hour

Pattern : Channel Up

Length : 204 Candles

Detail : Channel Up identified at 02-Apr-10:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 134.7190 within the next 3 days. (Supported by Upward sloping Moving Average)

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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