Technical Analysis : GBP/JPY 27 May 2020

Forex Technical Analysis : GBPJPY

Target Level 133.8537

Date : 27 May 2020

Support Line (A) : 130.6975 – Last TP of Triangle

Target Period : 3 days

Interval : 4 hours

Pattern : Triangle

Length : 66 Candles

Detail : Triangle has broken through the resistance line at 26-May-16:00. Possible bullish price movement forecast for the next 3 days towards 133.8537. (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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