GBPJPY broke out of support, potential for further drop!
GBPJPY broke out of our first support where we might see a further drop in price to our first support level. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
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Global risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading in CFDs. You should consider whether you understand how CFD
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.