FX.co ★ GBP / JPY for September 17

GBP / JPY

By the end of last week, the players on the rise were able to leave the day correction zone and reached the key resistance of this site 146.08-85 (the lower limit of the weekly cloud + weekly Kijun + day cloud). The main task of players to raise now is to consolidate in the current positions, then the breakdown of key resistance will be important. This will allow us to consider the possibilities for implementing new benchmarks. The nearest resistance is now concentrated in the area of 148.24-49 (monthly Tenkan + weekly Fibo Kijun). If players on the rise today take a pause, which will give the initiative to the opponent, then the strengthening of bearish sentiment will be in proportion to the gain of support 146.08 - 145.19 - 144.50 - 143.50.

The goals of junior halves have been worked out for a long time. At the moment, H1 and H4 are practically ready for the development of a downward correction. But the force of attraction of key levels of this site (148.08-85) can now delay the development of the situation and contribute to consolidation. In this case, players on the increase will retain the chances of continuing the climb in the near future. The fastening at 148.08, as well as the liquidation of the gold cross of H4 and the exit into the bear zone against the H1 cloud will contribute to the development of a decrease and strengthening of bearish sentiments. The transition supports of 145.19 - 144.50 - 143.50 on the side of the bears will change the current balance of forces, while a full-fledged retreat from the resistances encountered will be formed.

Resistance: 146.85 - 148.24-49.

Supports: 146.08 - 145.20 - 144.50 - 143.50.

Indicator parameters:

All time intervals 9 - 26 - 52

The color of indicator lines:

Tenkan (short-term trend) - red,

Kijun (medium-term trend) - green,

Fibo Kijun is a green dotted line,

Chinkou is gray,

Clouds: Senkou Span B (SSB, long-term trend) - blue,

Senkou Span A (SSA) - pink.

The color of additional lines:

Support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,

Horizontal levels (not Ichimoku) - brown,

Trend lines - purple.