GBPJPY - Lets keep it up Bulls!
-If bullish forces start to strengthen, upside limitations could commence from the zone between the 50-day SMA at 153.23 and the 154.05 high.
-Overcoming this barrier, which encompasses the upper Bollinger band, the next resistance obstacle may develop at the 155.14 nearby high.
-Conquering this too may cheer buyers to challenge the resistance section of 156.00-156.60, the latter being the rally peak in February 2018 and the former the near 40-month high.
-Overcoming this barrier, which encompasses the upper Bollinger band, the next resistance obstacle may develop at the 155.14 nearby high.
-Conquering this too may cheer buyers to challenge the resistance section of 156.00-156.60, the latter being the rally peak in February 2018 and the former the near 40-month high.
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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.