GBPJPY Weekly Analysis (29 June - 3 July, 2015) | June 28, 2015

A pin bar has been formed on daily chart. This pin has formed on the support level. This pair is staying just above near term support level. If this pair stay above this support level, then this pair can continue bullish rally again. On the other hand, if this pair can break support level, then it can start bearish rally and target will be 192 area on this pair.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 197.08

Resistance One (R1): 195.88

Pivot Point: 194.68

Support One (S1): 193.48

Support Two (S2): 192.28