Looking to see 
GBPJPY continue to fall until reaches support.
We have two solid reversals that have happened in the past at this support range, so we will wait to see when price reaches this zone
Theres roughly 100 Pips to the support zone shown as a red rectangle
RSI is extremely oversold on Day chart, but I still expect a few more touchdowns to support before we see any real push back up
GBPJPY continue to fall until reaches support. We have two solid reversals that have happened in the past at this support range, so we will wait to see when price reaches this zone
Theres roughly 100 Pips to the support zone shown as a red rectangle
RSI is extremely oversold on Day chart, but I still expect a few more touchdowns to support before we see any real push back up
Note
Possibility that GBPJPY has already found support and is working its way back up... We will wait and see, it has already been in a level of support around 140.265
Order cancelled
Price found solid support and is now pushing up
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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.