$GBPJPY Is Bullish On Charts !

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SUMMARY : 

The primary trend of GBP/JPY is bullish, prices are sustaining on the higher levels & looking further bullish for the few upcoming sessions. The pair is taking resistance from falling trend line  consolidating & gaining strength to break it upside. Today if the pair breaks 184.20 & managed to sustain above it, then we can expect it to continue its ongoing trend & test the level of 184.87/185.20  in today's session. RSI is sustaining in buying territory supporting upside movement in the pair. 
MACD line has recently break the zero line,indicating the up trend in the market.

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GBP/JPY ( 4 HOURLY )

GBP/USD Charts

STRATEGY :- 

GBP/JPY is looking further bullish on charts. One can go for buy on dips strategy for this pair for intra day to mid term positions.


PIVOT POINTS :-

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1158	1.1226	1.1279	1.1347	1.1400	1.1468	1.1521
GBP/USD	1.5215	1.5272	1.5364	1.5421	1.5513	1.5570	1.5662
USD/JPY	117.91	118.31	118.56	118.96	119.21	119.61	119.86
USD/CHF	0.9265	0.9324	0.9410	0.9469	0.9555	0.9614	0.9700
AUD/USD	0.7694	0.7736	0.7769	0.7811	0.7844	0.7886	0.7919
EUR/GBP	0.7215	0.7269	0.7301	0.7355	0.7387	0.7441	0.7473
USD/CAD	1.2413	1.2466	1.2520	1.2573	1.2627	1.2680	1.2734
NZD/USD	0.7422	0.7453	0.7488	0.7519	0.7554	0.7585	0.7620

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