Analysis on GBPJPY 15.09.2017


The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero line.
The oscillator Force Index is above the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 148.20
• Take Profit Level: 151.50 (330 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 146.50
• Take Profit Level: 145.50 (100 pips)

GOLD
Possible short position at the breakdown level 1315.00

USDJPY
Possible long position at the breakdown level 110.00

USDCHF
Possible long position at the breakdown level 0.9700

GBPUSD
Possible long position at the breakdown level 1.3370

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