GBPJPY HTF OUTLOOK.
Updated
- GBPJPY has reached a once broken support now turned resistance area.
- We shall see how price reacts to the resistance area. We could see a minor pullback from the resistance area or we could see a breakout from the resistance and retest of the resistance.
- We shall see how price reacts to the resistance area. We could see a minor pullback from the resistance area or we could see a breakout from the resistance and retest of the resistance.
Note
1. Price broke the previous lows 150.400.2. Price is now back retesting the area of resistance of 151.200 to 151.400
3. Analysis is still in plays.
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