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GBP/JPY
GBP/JPY
156.723JPY
-0.248 (-0.16%)
Market Overview
Opening Price: 157.015 Previous trading day's closing: 156.971 Intraday fluctuation range: 156.512-157.298 52-week range: 148.452-169.873
GBP/JPY Trading Ideas
Main Strategy
When the price stays above 156.80, the tendency is to go long, with the target set at 157.25, and a further target looking towards 157.45.
Secondary Strategy
If it breaks below 156.80, consider going short, with an initial target of 156.70, and further decline possibly to 156.60.
Technical Analysis
The Relative Strength Index ( RSI ) has just reached the key resistance area near 70% and is showing a downward adjustment trend.