I would wait
GBPJPY - 1H Chart
Right now i would wait.
Both things could happen right now.
Price broken the daily bullish trend line and right now it is retesting it.
Also price are making small trend lines which indicaties bearish movement.
Overall i would Sell, but if we do that then SL should be placed above 151.051 level, if price breaks above that then price could move back up.
For sells i would focus on 148.536 level.
But like i said i would wait and see what price will do.
Right now i would wait.
Both things could happen right now.
Price broken the daily bullish trend line and right now it is retesting it.
Also price are making small trend lines which indicaties bearish movement.
Overall i would Sell, but if we do that then SL should be placed above 151.051 level, if price breaks above that then price could move back up.
For sells i would focus on 148.536 level.
But like i said i would wait and see what price will do.
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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.