GBPJPY - Intraday - We look to Sell a break of 161.09 (stop at 161.49)
Short term momentum is bearish.
161.11 has been pivotal.
A break of the recent low at 161.16 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 160.11 and 159.91
Resistance: 161.70 / 162.00 / 162.40
Support: 161.10 / 160.30 / 160.00
Short term momentum is bearish.
161.11 has been pivotal.
A break of the recent low at 161.16 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 160.11 and 159.91
Resistance: 161.70 / 162.00 / 162.40
Support: 161.10 / 160.30 / 160.00
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Related publications
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.