GBP / JPY pair
Higher timeframes
Last week, the pair continued to rise. For the players to rise at the moment, several upcoming levels are immediately relevant, which combined in the area of 156.60 (the maximum extremum is 156.58 + the lower limit of the monthly cloud is 156.54 + the target for the break of the day cloud is 156.60). The implementation of these heights implies the elimination of the weekly cross, which in the current situation exerts resistance and attraction, forming the immediate support of the higher time intervals (Fibo Kijun 152.14 + Kijun 150.77).
H4 - H1
The goals of junior timeframes have been worked out for a long time, that's why it is important for players to rise to follow the trend and to orient themselves at the levels of the higher time frames. However, when there are corrections of support for H4 and H1, they come first to help. At the moment, the current support and attraction zone is 152.65-153 (Fibo Kijun N4 + Tenkan N4 + cross N1) and further support today can be noted at 152.14 (Kijun H4 + cloud H1 + high-time level) and 151.30 ( cloud H4 + daytime Tenkan).
