GBPJPY IN SHORT TERM AT 187.72
GBP/JPY Technical Forecast & Analysis
The GBP/JPY currency pair has shown consistent rejection at multiple resistance zones, signaling a potential continuation of its downtrend. Currently, the price is firmly in the selling zone, with the next key technical target set at 184.20.
🔴 Resistance Zone: 189.30
🟢 Support Zone: 187.50
With continued pressure on the resistance levels and downward momentum in play, the pair is likely to test the next support levels as we approach the target of 184.20. Traders should remain cautious around the resistance zone and look for potential breakdowns for further confirmation.
Stay tuned and manage your risk accordingly!
The GBP/JPY currency pair has shown consistent rejection at multiple resistance zones, signaling a potential continuation of its downtrend. Currently, the price is firmly in the selling zone, with the next key technical target set at 184.20.
🔴 Resistance Zone: 189.30
🟢 Support Zone: 187.50
With continued pressure on the resistance levels and downward momentum in play, the pair is likely to test the next support levels as we approach the target of 184.20. Traders should remain cautious around the resistance zone and look for potential breakdowns for further confirmation.
Stay tuned and manage your risk accordingly!
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Disclaimer
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join here for more analysis and vip paid group and best account management
t.me/+Wk3XND6wuko1ZTdk
join here for more analysis and vip paid group and best account management
t.me/+Wk3XND6wuko1ZTdk
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.