GBPJPY broke corrective downtrendline
Pair is based above HVN at level 151.45 which indicates that GBPJPY is in accumulation phase
Pair is based above key level at 150.90
Above SMA 100
MACD shows weakness in bearish momentum
It's expected forming bullish wave (c) to target resistance level at 153.40
Pair is based above HVN at level 151.45 which indicates that GBPJPY is in accumulation phase
Pair is based above key level at 150.90
Above SMA 100
MACD shows weakness in bearish momentum
It's expected forming bullish wave (c) to target resistance level at 153.40
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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.