{"id":107528,"date":"2017-06-16T06:40:29","date_gmt":"2017-06-16T10:40:29","guid":{"rendered":"http:\/\/countingpips.com\/?p=107528"},"modified":"2017-06-16T06:40:29","modified_gmt":"2017-06-16T10:40:29","slug":"gbpjpy-further-uptrend-expected-as-long-as-the-price-is-above-141-35","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/06\/gbpjpy-further-uptrend-expected-as-long-as-the-price-is-above-141-35\/","title":{"rendered":"GBP\/JPY Further Uptrend Expected As Long As the Price is Above 141.35"},"content":{"rendered":"
June 16, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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\n\tThe BOE held the rate at 0.25% as expected, but the statement has been bullish and the GBP\/JPY spiked from the support breaking the neckline of inverted head and shoulders pattern. The trend seems to be strong as the price is above both W H3 and D H3. The POC 141.40-60 could spike the price again if the pair drops to the zone (23.6, ATR pivot, W H3). Break of 142.33 aims for a breakout towards 142.77 and 143.15. However, the break of 141.35 to the downside might spur a deeper retracement and interim bullish scenario for this day might be negated.\n<\/p>\n

\n\tFollow @TarantulaFX<\/a> on twitter for latest market updates\n<\/p>\n

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\n\tW L3 – Weekly Camarilla Pivot (Weekly Interim Support)\n<\/p>\n

\n\tW H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)\n<\/p>

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<\/div>\n

\n\tW H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)\n<\/p>\n

\n\tD H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)\n<\/p>\n

\n\tD L3 \u2013 Daily Camarilla Pivot (Daily Support)\n<\/p>\n

\n\tD L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)\n<\/p>\n

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\n\"MT4<\/a><\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: GBP\/JPY Further Uptrend Expected As Long As the Price is Above 141.35<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The BOE held the rate at 0.25% as expected, but the statement has been bullish and the GBP\/JPY spiked from the support breaking the neckline of inverted head and shoulders pattern. The trend seems to be strong as the price is above both W H3 and D H3. The POC 141.40-60 could […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-107528","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/107528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=107528"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/107528\/revisions"}],"predecessor-version":[{"id":107529,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/107528\/revisions\/107529"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=107528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=107528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=107528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}