Here we have GBPJPY stalling at this potential resistance. The optimum entry which I have got in is around 140.20 level. If this trade plays out well, It could fall down to the 139.000 level. Trend line (3 taps) around the resistance level too confirming my analysis alongside some good rejection too. Potential support around the 139.70 region which will be broken and retested as resistance where it could drop to the 139.000 level.
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.