Analysis on #GBPJPY
the
GBPJPY remains in this channel trading between support and resistance trend lines and for now, we can expect this behavior to continue.
Right now the market trying to close above 155.00, with no conviction from buyers the market will not be able to go higher from here.
>> if the GBPJPY continues up to above 155.20- then the market will have a bigger chance to go even higher to
>> if the GBPJPY breaks and closes below its trend line support, then this idea is not valid anymore.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational
the
GBPJPY remains in this channel trading between support and resistance trend lines and for now, we can expect this behavior to continue.Right now the market trying to close above 155.00, with no conviction from buyers the market will not be able to go higher from here.
>> if the GBPJPY continues up to above 155.20- then the market will have a bigger chance to go even higher to
>> if the GBPJPY breaks and closes below its trend line support, then this idea is not valid anymore.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational
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