View Single Post
  #2003  
Old 14-06-2016, 11:45
riki143's Avatar
riki143 riki143 is offline
Level V Lasers Member
 
Join Date: Aug 2012
Posts: 6,982
Default Re: Market news and trade recommendations by FBS

GBP/JPY broke pivotal support level 152.00
6/14/2016

GBP/JPY broke pivotal support level 152.00
Next sell targets - 148.00 and 146.00
GBP/JPY recently broke through the pivotal support level 152.00, which stopped the earlier minor impulse wave (i) at the start of April and which was set as the sell target in our previous forecast for this currency pair. The breakout of this support level continues the active minor impulse wave 3, which belongs to the intermediate impulse wave (5) from the start of February.

GBP/JPY is likely to fall further to the next sell target at the support level 148.00 – the breakout of which can lead to further losses toward 146.00 (target price calculated for the completion of the active impulse wave (5)).



More:
https://new.fxbazooka.com/analytics/9223
Reply With Quote