LOOKING FOR GBPJPY SELL
Price touched resistance 3 times and failed to break. Should be due for a big drop down to 136.937 as price struggles to break through the resistance area and out of consolidation.
Note
The blue box/line at 140.00 is a key level for the week. Price is rejecting this area which supports the short theory.
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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.