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GBPJPY Still Tend Weakens

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Analysis and Technicals
Thursday, August 27, 2015
GBPJPY pair has the potential to continue pelemahannya if they see that the MACD indicator is still below the zero level and the stochastic indicator that leads down. The penetration of 184.90 support area will open up opportunities bearish momentum to approach the area of support 183.70 or even 182.30 support area.

While the price increase would face immediate resistance area of 187.20. If the price is able to climb higher than the area, then the price will be aiming the resistance 188.40 and key resistance is located at around 190.00.

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