After the war news and Russia attacked Ukraine, we saw crazy volatile moves in the market since yesterday and all the safe havens (XAUUSD, JPY, CHF, USD) got strong.
As you see in the chart, GBP got weak against JPY and we are in a sharp downside move.
Currently, price is pulling back to the broken support level to retest it. If price got rejected after touching the yellow level and closed a bearish confirmation candle below this level, I expect a drop on GJ to the last low around 153.500
As you see in the chart, GBP got weak against JPY and we are in a sharp downside move.
Currently, price is pulling back to the broken support level to retest it. If price got rejected after touching the yellow level and closed a bearish confirmation candle below this level, I expect a drop on GJ to the last low around 153.500
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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.