GBP/JPY SELL (retracement)
GBP/JPY have been respecting the green upward trend line since last month.
The price failed to break above the key resistance level.
I expect GBP/JPY to undergo retracements and the price to fall until the key support level or until it comes close to the trend line it follows.
Once it fall i expect it to buy gain till the previous resistance level that it failed to break above.
The price failed to break above the key resistance level.
I expect GBP/JPY to undergo retracements and the price to fall until the key support level or until it comes close to the trend line it follows.
Once it fall i expect it to buy gain till the previous resistance level that it failed to break above.
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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.