GBPJPY:Possible downward movement
With the breaking of the ascending channel floor, another downward movement can be expected
The momentum supports this expected downtrend
The momentum supports this expected downtrend
Note
s3.tradingview.com/snapshots/c/Cmqo5EEC.pngWait for the momentum to drop in the one-hour timeframe
The macd line should be below zero and the moving averages should cross to the downside
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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.