$GBP vs. $JPY Nears Significant Resistance | #BOE #BOJ #forex

Posted On 16 Jun 2015

By : TradingView

Comment: 0

Tag: GBP, JPY

$GBP vs. $JPY Nears Significant Resistance | #BOE #BOJ #forex

British Pound/Japanese Yen
FX:GBPJPY

4xForecaster

Friends,

Watch for resistance at 193.667 – Predictive Model calls for significant pushback – possibly reversal – at the following qualitative target:

– TG-Hi = 196.311 – 16 JUN 2015

https://www.tradingview.com/x/uo6tGgu8/

Structural levels lurk below, at 163.079/161.453. This is a L/T chart where the Predictive /Forecasting Model represents heavier players, and is therefore less representative of the synthetic market (i.e.: retail and institutional).

There are no market geometries considered at this time.

Best,

David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado – USA

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Twitter:@4xForecaster

LinkedIn:
David Alcindor
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Source:: $GBP vs. $JPY Nears Significant Resistance | #BOE #BOJ #forex

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