GBP/JPY Negates Head-and-Shoulders Formation
GBP/JPY negates the threat of a head-and-shoulders formation as it climbs above the 50-Day SMA (182.90) to clear the September high (185.78).
GBP/JPY
GBP/JPY registers a fresh monthly high (185.97) as it carves a series of higher highs and lows, with a breach above the August high (186.77) bringing the November 2015 high (188.81) on the radar.
However, GBP/JPY may track the flattening slope in the moving average if it fails to close above 186.60 50% Fibonacci extension), with a move below 183.90 (50% Fibonacci retracement) raising the scope for a test of the monthly low (182.74).
GBP/JPY
GBP/JPY registers a fresh monthly high (185.97) as it carves a series of higher highs and lows, with a breach above the August high (186.77) bringing the November 2015 high (188.81) on the radar.
However, GBP/JPY may track the flattening slope in the moving average if it fails to close above 186.60 50% Fibonacci extension), with a move below 183.90 (50% Fibonacci retracement) raising the scope for a test of the monthly low (182.74).
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.