The price failed to break the resistance and now the price is in the middle of support and resistance area.
wait and see if the price rebound from support area (151.899) take a long entry until the next resistance, but if the price break the resistance, it is very possible that the price forms a falling wedge pattern.
GBPJPY
wait and see if the price rebound from support area (151.899) take a long entry until the next resistance, but if the price break the resistance, it is very possible that the price forms a falling wedge pattern.
GBPJPY
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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.