GBPJPY is consolidating after breaking the descending channel.
The market rejected the psychological level of 161.000 and closed below it.
On longer timeframes, the trend is bearish.
If the price breaks through the consolidation zone, we could see a sharp bearish move.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
The market rejected the psychological level of 161.000 and closed below it.
On longer timeframes, the trend is bearish.
If the price breaks through the consolidation zone, we could see a sharp bearish move.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.