GBP/JPY supported by 4H moving average, sell or buy?
GBP/JPY is being supported by the moving average on the 4H chart.
You can see that price has not moved below the moving average so far.
📌Thus, there is a higher chance of a resumption in the uptrend.
📌Sell trades should be considered only if GBP/JPY moves below the
moving average.
📌183.50 is a key level to consider. If the price breaks below this level,
We can consider short entries.
You can see that price has not moved below the moving average so far.
📌Thus, there is a higher chance of a resumption in the uptrend.
📌Sell trades should be considered only if GBP/JPY moves below the
moving average.
📌183.50 is a key level to consider. If the price breaks below this level,
We can consider short entries.
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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.