Cross-rates signals: GBP / JPY is under pressure of correction

The GBP / JPY cross, with the achievement of psychology at 149.00, turned out to be in a significant overbought situation, which, under conditions of growing risks in the global economy, especially in the British economy, can increase the pair’s decline within the correction.

The GBP / JPY pair is limited to support 148.50, consolidation below which opens the way to support levels: 148.00 and 147.50.

Read also: “CFD on goods: oil, gold and silver”

Hanzenko Anton

 

Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

1. The trading strategy on the news Erste News VS Other technologies!
2. Procter & Gamble gave an opportunity to earn! Analysis of the investment idea of ​​June.
3. State bonds, as a factor to buy one or another currency.