GBPJPY: Disaster?
Updated
Price is currently at 61.8 fib level, we should see some bounce back up and continue to look to sell more on any resistance at lower timeframes. GBPJPY could even drop below 140 in weeks/months to come.
Note
Sorry for the late update! At a crucial support area now. Given how bearish things are looking, I'll be find an opportunity to short upon a successful close below support areaNote
Still some 500 pips to come!
Related publications
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.