GBPJPY Weekly Technical Analysis (22-26 June, 2015) | June 20, 2015

Gbpjpy has made new high after breaking 192 level. This pair is looking for new high with big bullish momentum. It is also following a upward trendline. On monday, if we find any bullish sign on h4 time frame, then we can go for buy on this pair. 193.10 level is good level for buy. We should buy on this pair from every retrace. We can target 200 level within few days.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 198.46

Resistance One (R1): 196.62

Pivot Point: 194

Support One (S1): 192.16

Support Two (S2): 189.54