Home Analysis GBP/JPY Demand Signal Above 215.346

GBP/JPY Demand Signal Above 215.346

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GBP/JPY Demand Signal Above 215.346

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GBPJPY Hourly, Daily And Weekly Candle Charts GBPJPY is trading near 215.230 against the daily pivot at 216.226, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. GBPJPY H1 candlestick chartOn H1 with price near 215.230 keeps seller pressure in focus. The desk is watching buyers held the latest candle above its open inside a 215.188-215.257 candle range, the recent sequence is still leaning lower, while price is testing support near S1 215.553. The next useful filter is the next hourly close should either defend the reaction zone or expose a false start; From a risk-control angle, a break back through...

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