Technical Analysis : GBP/JPY 8 July 2020

8 July 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/JPY

Forex Technical Analysis : GBPJPY 8 July 2020

Forex Technical Analysis : GBPJPY

Target Level 135.4105

Date : 8 July 2020

Support Line (A) : 134.9645 – Last TP of Rising Wedge

Resistance Line (B) : 135.4105 – Last TP of Rising Wedge

Target Period : 15 hours

Interval : 30 Minutes

Pattern : Rising Wedge

Length : 94 Candles

Detail : Rising Wedge identified at 08-Jul-12:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 135.4105 within the next 15 hours. (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

If you open a live account with a broker that support Autochartist, you’ll get :

– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.



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