GBPJPY 2020-08-05
The GBPJPY pair is now trading above the 138.25 key support level. As long as the pair stays above 138.25 on a four hourly basis, the rise may gain more momentum and we will follow 139.24 as resistance level. On the other hand, if the pair falls below 138.25, the next support level will be placed at 136.98.
Support: 138.25 - 136.98 - 136.01
Resistance : 139.24 - 140.59 -142.62
The GBPJPY pair is now trading above the 138.25 key support level. As long as the pair stays above 138.25 on a four hourly basis, the rise may gain more momentum and we will follow 139.24 as resistance level. On the other hand, if the pair falls below 138.25, the next support level will be placed at 136.98.
Support: 138.25 - 136.98 - 136.01
Resistance : 139.24 - 140.59 -142.62
