After reaching a high of 157.50, GbpJpy dropped pretty fast to 153 zone.
Now the pair is in recovery and, considering the flag formation from the recent bottom, continuation to the downside is probable.
155.50 is resistance and a good place to search for selling opportunities
Now the pair is in recovery and, considering the flag formation from the recent bottom, continuation to the downside is probable.
155.50 is resistance and a good place to search for selling opportunities
📈 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.
📈 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.