GBPJPY - H1 Analysis & Key Levels
📉 GBPJPY - H1 Analysis & Key Levels
🔴 Supply Zone: 193.00 - 193.21
🟢 Demand Zones: 190.80 - 190.90, 189.14 - 189.20, 187.50 - 187.60
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 193.00 - 193.21 supply zone, further downside toward 190.80 - 190.90 or deeper levels is likely.
2️⃣ Break & Retest: A confirmed breakdown below 190.80 could indicate further bearish momentum toward 189.14 - 189.20 and lower.
💡 Trading Plan:
✅ Watch for rejection at 193.00 - 193.21 for potential short entries.
✅ Monitor 190.80 - 190.90 as a key level for intraday reactions.
✅ A confirmed break below 189.14 could signal further downside continuation toward 187.50 - 187.60.
FXFOREVER GBPJPY ForexTrading SmartMoney PriceAction
🔴 Supply Zone: 193.00 - 193.21
🟢 Demand Zones: 190.80 - 190.90, 189.14 - 189.20, 187.50 - 187.60
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 193.00 - 193.21 supply zone, further downside toward 190.80 - 190.90 or deeper levels is likely.
2️⃣ Break & Retest: A confirmed breakdown below 190.80 could indicate further bearish momentum toward 189.14 - 189.20 and lower.
💡 Trading Plan:
✅ Watch for rejection at 193.00 - 193.21 for potential short entries.
✅ Monitor 190.80 - 190.90 as a key level for intraday reactions.
✅ A confirmed break below 189.14 could signal further downside continuation toward 187.50 - 187.60.
FXFOREVER GBPJPY ForexTrading SmartMoney PriceAction
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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.
fxforever
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.