65
GBPJPY The price has broken to a new low and subsequently retraced to form an equal low. While the overall structure could support a continued upward move if bullish momentum remains intact, a more logical scenario would involve a corrective decline. In such a case, the price may target key Fibonacci retracement levels, an untested fair value gap, and potentially retest a previous high for further correction.

This represents my personal vision and perception of the market. It is by no means trading signals or financial advice. It is solely a technical analysis based on my own perception and understanding of market dynamics. This is simply the sharing of my thoughts and perspective, which I hope may prove helpful to some of you.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.