empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

28.10.202007:44 Forex Analysis & Reviews: Elliott wave analysis of GBP/JPY for October 28, 2020

Exchange Rates 28.10.2020 analysis

GBP/JPY broke below short-term key-support at 136.26 indicating that red wave ii is in motion. This call for a dip to at least 135.37 and likely even lower to 135.18 before red wave 2 finally comes to its end and a new impulsive rally can take hold.

The former support now acts as resistance at 136.26 for the dip to 135.37 and maybe even lower.

R3: 136.50

R2: 136.26

R1: 136.12

Pivot: 136.05

S1: 135.88

S2: 135.75

S3: 135.37

Trading recommendation:

Our stop+revers was hit at 136.20 for a nice little 65 pip profit. We have placed our new stop at 136.70 and we will take 50% profit at 135.45.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Não pode falar agora?
Faça sua pergunta no chat.