GBP/JPY: The Last Run
GBP/JPY
-0.20%
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DX
+0.20%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
Bullish: GBP/JPY is currently at 160.49 after testing the resistance to the upside. We are looking for a bounce here to continue to the ATR target of 161.86 with a further target of 162.22.
We have divergence, so this may be the last run before the pullback. Watch the USDX for directions. The average daily true range (ATR) for the pair is 233 pips, and its 180-day average is 223 pips per day. USDX is currently down.
GBP/JPY price chart.
