03.07.202008:12 Forex Analysis & Reviews: GBP/JPY price movement, July 03, 2020

Exchange Rates 03.07.2020 analysis

On the 4-hour chart, we can see that there is a divergence between the Stochastic Oscillator with the price of GBP/JPY. The pair is likely to dip to the 132.92 level. This scenario may occur if GBP/JPY does not rise and close above the 134.68 level.


*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Arief Makmur,
Analytical expert of InstaForex
© 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Can't speak right now?
Ask your question in the chat.