GBPJPY STARTED FORMING BEARISH TREND STRUCTURE.
Market is forming lower low, which indicates downtrend in 30 minutes time frame charts.
Market was trading in secondary trend from lest few sessions.
Candlestick reversal pattern can be shown at the top of secondary trend.
market is expected to remain bearish for upcoming sessions.
On lower side market may hit the targets of 194.90 and 194.30.
On higher side 196.45 can be major resistance level.
Market is forming lower low, which indicates downtrend in 30 minutes time frame charts.
Market was trading in secondary trend from lest few sessions.
Candlestick reversal pattern can be shown at the top of secondary trend.
market is expected to remain bearish for upcoming sessions.
On lower side market may hit the targets of 194.90 and 194.30.
On higher side 196.45 can be major resistance level.
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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.