Thursday, March 24, 2016

GBP/JPY Chart

Summary : Target Level : 161.5045
Target Period :
3 days

Analysis :
Falling Wedge identified at 23-Mar-12:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 161.504 within the next 3 days.

Resistance Levels :
( B ) 161.5045Last resistance turning point of Falling Wedge.

Support Levels
( A ) 158.449Last support turning point of Falling Wedge.