GBP/JPY 15-Min Quick Buy Opportunity
We are observing a potential quick buy setup on GBP/JPY.
Price has just bounced off the 61.8% Fibonacci retracement level near 195.321, which aligns with strong support.
There is potential for a bullish move towards the 195.750 - 195.800 area, corresponding with the 38.2% and 50% Fibonacci retracement of the last bearish move.
Keep an eye on a possible reversal here, as momentum is showing signs of recovery.
🔑 Key Levels to Watch:
Support: 195.321 (61.8% Fib)
Resistance: 195.750 - 195.800
Stay alert for a quick scalp opportunity in this zone! 📈
Price has just bounced off the 61.8% Fibonacci retracement level near 195.321, which aligns with strong support.
There is potential for a bullish move towards the 195.750 - 195.800 area, corresponding with the 38.2% and 50% Fibonacci retracement of the last bearish move.
Keep an eye on a possible reversal here, as momentum is showing signs of recovery.
🔑 Key Levels to Watch:
Support: 195.321 (61.8% Fib)
Resistance: 195.750 - 195.800
Stay alert for a quick scalp opportunity in this zone! 📈
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.