GBP/JPY bears remain unobstructed 2016年9月17日 上午4:00

GBP/JPY bears remain unobstructed

16 September 2016, 23:00

The hourly ADX(14) has just crossed above 50, emerging from below the 30 levels where it has been seen during the previous market session.

This is a less frequent technical set-up which suggests the GBP/JPY pair should be on its way to achieve further lows the days ahead.

Caution is advised on a possible overshoot threat to the falling 200-SMA, now printing above the recent close.

GBP/JPY 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3 S2 S1 R1 R2 R3
133.37901306152 133.51000976562 133.75300598144 134.12699890136 134.25799560546 134.50099182128
Trend Index OB/OS Index
Bearish Oversold