After an intraday correction, GbpJpy reversed yesterday and, for a short time, managed to pass trou 134 zone.
134 is still resistance and neckline for the double bottom formation and we need a clear break for more gains.
A break here will put bulls in total control and would expose 136.50 zone resistance.
Alternatively, a daily close under 133 would negate this scenario and will put the pair in noman's land.
134 is still resistance and neckline for the double bottom formation and we need a clear break for more gains.
A break here will put bulls in total control and would expose 136.50 zone resistance.
Alternatively, a daily close under 133 would negate this scenario and will put the pair in noman's land.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.