A pullback is possible in GBP/JPY
GBP/JPY ended the previous week on a bearish note and the bearishness
may continue in the upcoming week as well.
The 156 level is a strong historical resistance for GBP/JPY and thus it makes
sense for a correction to happen from this level.
Watch out for selling the rallies in GBP/JPY possibly near the 155.50 level
with SL above 156.60 and TP at 150.
may continue in the upcoming week as well.
The 156 level is a strong historical resistance for GBP/JPY and thus it makes
sense for a correction to happen from this level.
Watch out for selling the rallies in GBP/JPY possibly near the 155.50 level
with SL above 156.60 and TP at 150.
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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.
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.