Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
GBPJPY Analysis – June 24
GBPJPY price is accumulating a selling force back to the 159.970 critical level. The buy traders have recently been subdued due to the high selling impact of the sell merchants. The bear traders now influence the GBPJPY price since buyers have been lately subdued. Traders should therefore pay attention to the GBPJPY’s drop to the key level of 159.970.
GBPJPY Key Levels
Resistance Levels: 168.840, 159.790
Support Levels: 155.530, 150.810
GBPJPY Long-Term Trend: Bearish
The buyers and the sellers have been dominant in the GBPJPY trend at various times. The market’s tendency was first engaged in the swing range consolidation phase. The buying and selling traders continue to swing the value in the consolidation phase. The bull traders eventually picked up momentum as its value rose, breaking through the 159.790 critical level. Shortly followed on the daily chart was a short retracement before a further push over to continue forward.
Momentum increased, taking the bullish price to the 168.840 key level. A considerable fall came into play at the 168.840 key level as the sellers gave room for a fall downward. The sell moment now follows the same repetitive pattern, with the bear market lowering the price back to its key level of 168.840. The Money Flow Index shows the bullish tendency is already over as sellers are now dripping prices downward.
GBPJPY Short Term Trend: Bearish
On the four-hour chart of the GBPJPY pair, a bearish dive is now being observed in the market. The Relative Strength Index demonstrates that the market is currently seeing a downward trend in the selling force. As a result, a bearish decline down to the important mark of 159.790 is anticipated.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus