Support - S1 : 185.398 | S2 : 184.792 | S3 : 184.347
Resistance - R1 : 186.449 | R2 : 186.894 | R3 : 187.500
Main Trend - Bullish
Intraday Trend - Bullish
On 4H chart of forex technical analysis for the exchange rate GBPJPY, we observe that price moves above EMA(50) and EMA(200), which are ready to proceed in an upward cross. Is clear that price is at the lower channel of Andrew's Pitchfork.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
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Resistance - R1 : 186.449 | R2 : 186.894 | R3 : 187.500
Main Trend - Bullish
Intraday Trend - Bullish
On 4H chart of forex technical analysis for the exchange rate GBPJPY, we observe that price moves above EMA(50) and EMA(200), which are ready to proceed in an upward cross. Is clear that price is at the lower channel of Andrew's Pitchfork.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
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