After reaching 140 zone for the second time in the past 2 months, GbpJpy rolled back and is trading under 139 at the time of writing.
I expect this resistance to be strong and for the pair to drop to 136.50 in the medium term.
In my opinion, rallies should be sold and only a daily close above 140.50 would change this outlook
I expect this resistance to be strong and for the pair to drop to 136.50 in the medium term.
In my opinion, rallies should be sold and only a daily close above 140.50 would change this outlook
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.