I would SELL
GBPJPY 1H Technical analysis.
Made a new chart because both TP's from previous analysis was reached.
Right now price are at Resistance zone and slowed down a bit.
I expect that movements down will continue.
But keep an eye on this resistance level.
If it will be broken then it could reach max 135.0 level and then continue to move down.
But i think my first idea is better.
Price should not break this zone and just move down
Made a new chart because both TP's from previous analysis was reached.
Right now price are at Resistance zone and slowed down a bit.
I expect that movements down will continue.
But keep an eye on this resistance level.
If it will be broken then it could reach max 135.0 level and then continue to move down.
But i think my first idea is better.
Price should not break this zone and just move down
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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.