empty
 
 
26.04.2017 03:20 PM
Daily analysis of GBP/JPY for April 26, 2017

This image is no longer relevant

Overview

The GBP/JPY pair succeeded to gather the bullish momentum. The bullish attack will resume by surpassing 141.10 level, approaching from our target at 143.35. The continuation of the positive pressure might allow the price to open the way to more upward targets from 145.45 and higher to 148.45 top as a result of surpassing the current level which forms 23.6% Fibonacci retracement. In case 143.35 forms a solid barrier to the bullish rally, that will force the pair to trade sideways and limit the price between this barrier and 141.10 until gaining new bullish momentum. The expected trading range for today is between 142.20 and 145.40

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

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