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GBP/GPY presently mark: 145.180
Forecast: Buy
H4 Key points:
Top Resistance: 152.500
1st resistance: LWMA
Floor: 145.000
LWMA: Down
GBP/JPY decreased more than 300 pips from 28th Febr to 01st March and more than 200 pips from yesterday until now. The box on chart below will act as a barrier for the next weeks. However, for now it is expected some recover. But first it has to broke up LWMA(14) line.
Forecast: Buy
H4 Key points:
Top Resistance: 152.500
1st resistance: LWMA
Floor: 145.000
LWMA: Down
GBP/JPY decreased more than 300 pips from 28th Febr to 01st March and more than 200 pips from yesterday until now. The box on chart below will act as a barrier for the next weeks. However, for now it is expected some recover. But first it has to broke up LWMA(14) line.
