GBPJPY rebounded from supply zone at level 140.30 with strong bearish movement
Price broke uptrendline
Pair is based below HVN at level 139.68 which indicates that pair is in distribution
phase
Pair is based below resistance level at 139.38
Below SMA 100
It's expected to target support level at 137.30
Price broke uptrendline
Pair is based below HVN at level 139.68 which indicates that pair is in distribution
phase
Pair is based below resistance level at 139.38
Below SMA 100
It's expected to target support level at 137.30
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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.