In my previous analysis on GbpJpy, I said that the pair could rise and test confluence resistance at around 183.
Friday's close found the pair exactly in that level and after the gap from Monday's open, the pair continued down.
At this moment the pair is trading in the support given by the recent ascending trend line and a break above this level is probable.
In such an instance, continuation is probable and the paint could reach the previous low.
I'm bearish as long as the price stays under 183
Friday's close found the pair exactly in that level and after the gap from Monday's open, the pair continued down.
At this moment the pair is trading in the support given by the recent ascending trend line and a break above this level is probable.
In such an instance, continuation is probable and the paint could reach the previous low.
I'm bearish as long as the price stays under 183
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.