GBP/JPY

- JPY (-)

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Type:	Forex
Ticker:	GBPJPY
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GBP/JPY - GBPJPY: Retesting breakout zone - 12/28/2016 (GMT)

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Timeframe : 1H

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GBP/JPY Chart

On the chart, we can see a ranging zone breakout. This pair was on ranging area for few times. Yesterday, we saw breakout on this pair. Now this pair has fell again to retest the breakout level. If any bullish candle formed on this level, then we can take buy entry on this pair.
143.50 level is critical support for this pair. If it breaks, then we can see more downward movement on this pair. 144 is retesting level for gbpjpy. This pair can pull back from this level.

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