GBPJPI near oversold levels

175
As RSI appears to be approaching or near oversold levels, it suggests that a short-term pullback or consolidation may occur. Look for a retracement at the 190.9 - 191.5 levels
Recent levels around 190.00-192.00 now act as strong resistance. Any pullback towards these levels could offer shorting opportunities if confirmed by bearish signals.



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.