GBPJPY looks to weaken further following a strong sell off on Friday. On the downside, support comes in at the 137.50 level where a violation will aim at the 137.00 level. A break below here will target the 136.50 level followed by the 136.00 level...
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Pivot (invalidation): 47.00 Our preference Short positions below 47.00 with targets at 45.00 & 44.40 in extension. Alternative scenario...
Pivot (invalidation): 17.8300 Our preference Short positions below 17.8300 with targets at 17.3500 & 17.2000 in extension. Alternative scenario...
Pivot (invalidation): 1635.00 Our preference Long positions above 1635.00 with targets at 1653.00 & 1660.00 in extension. Alternative scenario...
Pivot (invalidation): 3079.00 Our preference Short positions below 3079.00 with targets at 2928.00 & 2850.00 in extension. Alternative scenario...
Pivot (invalidation): 12590.00 Our preference Short positions below 12590.00 with targets at 12000.00 & 11890.00 in extension. Alternative scenario...
Pivot (invalidation): 6.1870 Our preference Long positions above 6.1870 with targets at 6.2260 & 6.2500 in extension. Alternative scenario...
Pivot (invalidation): 0.6560 Our preference Short positions below 0.6560 with targets at 0.6525 & 0.6500 in extension. Alternative scenario...
Pivot (invalidation): 1.3390 Our preference Long positions above 1.3390 with targets at 1.3465 & 1.3500 in extension. Alternative scenario...
Pivot (invalidation): 0.9710 Our preference Short positions below 0.9710 with targets at 0.9670 & 0.9650 in extension. Alternative scenario...
Pivot (invalidation): 109.70 Our preference Short positions below 109.70 with targets at 108.60 & 108.25 in extension. Alternative scenario...
Pivot (invalidation): 1.2900 Our preference Short positions below 1.2900 with targets at 1.2860 & 1.2840 in extension. Alternative scenario...
Pivot (invalidation): 1.0970 Our preference Long positions above 1.0970 with targets at 1.1020 & 1.1040 in extension. Alternative scenario...
Pivot (invalidation): 48.80 Our preference Short positions below 48.80 with targets at 47.10 & 46.60 in extension. Alternative scenario...
Pivot (invalidation): 17.8600 Our preference Long positions above 17.8600 with targets at 18.1300 & 18.2300 in extension. Alternative scenario...
Pivot (invalidation): 1636.00 Our preference Long positions above 1636.00 with targets at 1658.00 & 1664.00 in extension...
Pivot (invalidation): 12910.00 Our preference Short positions below 12910.00 with targets at 12510.00 & 12368.00 in extension. Alternative scenario...