GBP/JPY - 1H Analysis & Key Levels
📉 GBP/JPY - 1H Analysis & Key Levels
🔴 H1 Supply Zone: 192.905 - 193.027
🟢 Demand Zones: 192.566 - 192.150
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 192.905 - 193.027 supply zone, we may see a move toward retracement levels at 192.566 - 192.150.
2️⃣ Break & Retest: A breakout above 193.027 could indicate further bullish continuation.
💡 Trading Plan:
✅ Watch for rejection at 192.905 - 193.027 for potential short entries.
✅ Monitor 192.566 - 192.150 as possible buy zones on retracements.
✅ A confirmed break below 192.000 could signal further downside towards 190.500.
#FXFOREVER #GBPJPY #ForexTrading #SmartMoney #PriceAction #JPY
🔴 H1 Supply Zone: 192.905 - 193.027
🟢 Demand Zones: 192.566 - 192.150
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 192.905 - 193.027 supply zone, we may see a move toward retracement levels at 192.566 - 192.150.
2️⃣ Break & Retest: A breakout above 193.027 could indicate further bullish continuation.
💡 Trading Plan:
✅ Watch for rejection at 192.905 - 193.027 for potential short entries.
✅ Monitor 192.566 - 192.150 as possible buy zones on retracements.
✅ A confirmed break below 192.000 could signal further downside towards 190.500.
#FXFOREVER #GBPJPY #ForexTrading #SmartMoney #PriceAction #JPY
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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.
fxforever
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.