Thursday, January 21, 2016

GBP/JPY chart

Summary : Target Level : 169.1075
Target Period :
2 days

Analysis :
Channel Down identified at 20-Jan-21:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 169.108 within the next 2 days.

Resistance Levels :
( B ) 169.1075Last resistance turning point of Channel Down.

Support Levels
( A ) 163.993Last support turning point of Channel Down.