EN

GBPJPY - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairGBPJPY
Publication Time5/5/20 6:49 AM
Direction Sell
Status Closed (132.20)
6:48
6:48
May 5, 2020
Forecast
-70 p
133.60
Stop Loss
132.90
Entry
+70 p
132.20
Target 1
+110 p
131.80
Target 2
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on GBPJPY. As a result, we recommend considering only Short trades at this time.
  2. MVP line is above the price and acts as a resistance level.
  3. The first target is at the level of the previous bottom - 132.2, and the second one, in case of an active price decrease, is at the level - 131.8
    index: 1x 0.032701969146729s
t_/pages/forecast: 1x 0.030405044555664s
t_/common/header-new: 1x 0.019551038742065s
t_/common/head: 1x 0.015484094619751s
t_/common/footer-new: 1x 0.0026440620422363s
router: 1x 0.0011930465698242s
router_page: 1x 0.00082707405090332s
t_/popups/on-download: 1x 0.00063395500183105s
t_/common/cookie-banner: 1x 0.00040102005004883s
service-routes: 1x 0.00034093856811523s
t_/blocks/sidebar-afil: 1x 0.00022602081298828s
router_redirection: 1x 0.00020098686218262s
t_/popups/zoom: 1x 3.504753112793E-5s
----- END OF DUMP (2026-02-20 16:12:02)  -----