GBP/JPY Buy Signal

Today in forex trading the GBP strength caused strong movements on many pairs. The GBP/JPY had a buy signal on The Forex Heatmap®, along with several other GBP pairs showing great quality trading signals. The British Pound to JPY exchange rate soared nearly 200 pips. The British Pound to USD exchange rate also soared today.

News from the GBP about the claimant count employment data along with average earnings triggered the strength in the GBP today, and all GBP pairs we follow had technical and price breakouts. Based on today’s news we expect the GBP to continue strengthening. The real time forex signals from The Forex Heatmap®  are shown below along with some of today’s GBP price chart movements. The GBP/JPY should continue higher to the 162.00 resistance area, and the GBP/AUD has significant upside on the larger time frames. The Forex Heatmap® provides live buy and sell signals for 28 currency pairs, it is an easy to read tool for guiding all of your forex trade entries.

GBP/JPY Buy Signal

GBP/JPY Buy Signal

GBP/JPY Buy Signal Chart

GBP/JPY Buy Signal Chart

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