| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Silver Daily Outlook

FxWirePro GBP/NZD falls after BoE signals rate cuts, more downside expected

FxWirePro: GBP/AUD falls below 1.9000 level, bears keep the advantage

FxWirePro: EUR/NZD stuck in range but maintains bearish bias

FxWirePro- ARUSD Daily Outlook

FxWirePro- Major Pair levels and bias summary

FxWirePro: EUR/NZD repeatedly capped by key fibo, expect a fall

FxWirePro- Ethereum Daily Outlook

FxWirePro- BTCUSD Daily Outlook

FxWirePro: GBP/AUD rebounds but bears are not done yet

FxWirePro- BTCUSD Daily Outlook

FxWirePro- Major Pair levels and bias summary

FxWirePro- Crude Oil Daily Outlook

FxWirePro- Silver Daily Outlook

FxWirePro- RUNEUSD (Chart of the day)

FxWirePro- Silver Daily Outlook

FxWirePro- Crude oil Daily Outlook

©Econometrics LLC . All Rights Reserved.

GBP/JPY faces strong resistance 187.70, sell on rallies

Tuesday, November 17, 2015 4:10 AM UTC

Potential Reversal Zone (PRZ) -187.70

GBP/JPY has made a high of 187.48 at the time writing and slightly declined from that level.
Further bullishness can be seen only above 187.70 and break above targets 188.25/189 .
On the downside minor support is around 187 and break below targets 186.40/185.70

It is good to sell on rallies around 187.35-40 with SL around 188 for the TP of 186.40/185.70/185.40.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

OpenAI Set to Unveil Google Rival Search Tool Next Monday, Sources Reveal

PepsiCo Aims to Make Its Spain Plant the First Facility to Reach Net-Zero Emissions

Coca-Cola Named New President of Its Namesake Foundation

USAID and The Coca-Cola Foundation Launch Initiative to Combat Plastic Waste in Nigeria

PUMA Unveils 'Be You' Edition of the MB.03 Before Launching LaMelo Ball's Newest MB.04 Sneaker

PepsiCo India Takes Steps to Make Lay’s Chips Healthier to Phase out of Palm Oil

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Apple Reportedly Inks Deal with Samsung for Foldable Displays, Hints at Future Products

FxWirePro- Silver Daily Outlook

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

GBP/JPY faces strong resistance 187.70, sell on rallies

Editor's Picks

Welcome to EconoTimes