GBPJPY is running near OB, SELL Zone strong (read captions)
📉 GBPJPY Price Forecast 📉
GBPJPY is currently in a selling trend, consolidating at the bottom of the zone after a retracement to the order block at 190.05. Another key order block is present at 192.90, creating a consolidation range between these levels.
The pair is trading below both the 200 EMA and 50 EMA, confirming a strong selling zone. With increasing bearish volume, sellers are dominating, signaling further downside potential.
🎯 Technical Target Levels:
- 188.55
- 186.60
📌 Key Highlights:
- Consolidation between 190.05 and 192.90 confirms resistance zones.
- Trading below 200 EMA and 50 EMA, indicating bearish momentum.
- Increased selling volume reinforces the downtrend.
- Strong continuation expected towards lower target levels.
✅ Get Ready for the Move!
Like, comment, and follow for timely updates and actionable signals.
Join the community to trade smarter and achieve consistent success! 🚀
📢 Stay connected for more accurate forecasts and profitable trading ideas.
GBPJPY is currently in a selling trend, consolidating at the bottom of the zone after a retracement to the order block at 190.05. Another key order block is present at 192.90, creating a consolidation range between these levels.
The pair is trading below both the 200 EMA and 50 EMA, confirming a strong selling zone. With increasing bearish volume, sellers are dominating, signaling further downside potential.
🎯 Technical Target Levels:
- 188.55
- 186.60
📌 Key Highlights:
- Consolidation between 190.05 and 192.90 confirms resistance zones.
- Trading below 200 EMA and 50 EMA, indicating bearish momentum.
- Increased selling volume reinforces the downtrend.
- Strong continuation expected towards lower target levels.
✅ Get Ready for the Move!
Like, comment, and follow for timely updates and actionable signals.
Join the community to trade smarter and achieve consistent success! 🚀
📢 Stay connected for more accurate forecasts and profitable trading ideas.
📱Join Telegram Channels Free.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
📱Join Telegram Channels Free.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/JosProTrader
Gold signals with proper TP and SL for high-profit opportunities.
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.