GBPJPY is forming a local uptrend within the range, the price is testing the resistance of the trading range, but after a local false breakdown the price does not fall. On the chart, we see the formation of a pre-breakdown consolidation.
The currency pair has been in an uptrend for a long time, the national currency is weakening strongly against the background of economic news.
I assume that since the resistance retest is formed and a local "triangle" pattern appears under the level, it is possible that the price can break through the resistance upwards. I expect the growth of the currency pair to the medium-term objective, the liquidity zone 168.6.
Regards R. Linda!
The currency pair has been in an uptrend for a long time, the national currency is weakening strongly against the background of economic news.
I assume that since the resistance retest is formed and a local "triangle" pattern appears under the level, it is possible that the price can break through the resistance upwards. I expect the growth of the currency pair to the medium-term objective, the liquidity zone 168.6.
Regards R. Linda!
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š¹TRADING is a CASINOš!?
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: telegram.me/RLindaSignals
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: telegram.me/RLindaSignals
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.