GBPJPY forecast
The market is approching a support and resistance zone.
A break of support zone 162.000 (support level 162.000 was used previously as a demand zone) could provide reason enough in taking a short position while, an alternative scenario where price breaks resistance zone 165.000 maybe used a basis for taking a long position.
Information provided above is solely for informational or general educational purposes. If you like the idea please like and feel free to provide any comments or your personal opinion.
A break of support zone 162.000 (support level 162.000 was used previously as a demand zone) could provide reason enough in taking a short position while, an alternative scenario where price breaks resistance zone 165.000 maybe used a basis for taking a long position.
Information provided above is solely for informational or general educational purposes. If you like the idea please like and feel free to provide any comments or your personal opinion.
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.
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.