GBPJPY Analysis 1H
A clear 3 point downtrend line I’d expect buyers to come in at the break of.
The 2 previous supply levels (horizontal green lines) look very strong I wouldn’t be surprised to see rejection at these levels.
A strong break of 166 I would turn bullish.
Overall market looks to consolidate between 162 and 168 for awhile
The 2 previous supply levels (horizontal green lines) look very strong I wouldn’t be surprised to see rejection at these levels.
A strong break of 166 I would turn bullish.
Overall market looks to consolidate between 162 and 168 for awhile
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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.