GBPJPY Weekly Technical Analysis (8-12 June,2015) | June 7, 2015

Gbpjpy is moving up with a wedge pattern. This pair is following that chart pattern and now it is at the top level of the wedge pattern. We can expect some retrace from that level and then start bullish rally again. We can buy from near term buy zone. This buy zone is staying at 190.70 area. Another buy zone lies on 190 area. If we find bullish candle on that level, then we can buy from that area and target will be 192 and 195 area.


Most wanted Copy trade service: Great news for our signal followers. We are happy to announce that we have started copy trade service. It will be a great solution for them, who are not available on mt4 all the time but don’t wanna miss our any signal. Monthly copy trade charge is 25$. Copy trade subscription link



Weekly Pivot, Support and Resistance

Resistance Two (R2): 194.14

Resistance One (R1): 192.93

Pivot Point: 190.73

Support One (S1): 189.52

Support Two (S2): 187.32