GBP/JPY – approaching a price line that has been previously tested numerous times in the past

GBP/JPY - getting close to psychological price line
GBP/JPY is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 9 days and may test it again within the next 2 days.

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GBP/JPY is approaching a support line of a Channel Down. It has touched this line numerous times in the last 5 days.

GBP/JPY approaching support of a Channel Down
GBP/JPY is approaching the support line of a Channel Down. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 5 hours.

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GBP/JPY – approaching a price line that has been previously tested numerous times in the past

GBP/JPY - getting close to psychological price line
GBP/JPY is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 11 hours.

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GBP/JPY is approaching a support line of a Head and Shoulders. It has touched this line numerous times in the last 3 days.

GBP/JPY approaching support of a Head and Shoulders
GBP/JPY is approaching the support line of a Head and Shoulders. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 21 hours.

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GBP/JPY is approaching a support line of a Channel Up. It has touched this line numerous times in the last 2 days.

GBP/JPY approaching support of a Channel Up
GBP/JPY is approaching the support line of a Channel Up. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 11 hours.

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