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GBPJPY: Important Breakout 🇬🇧🇯🇵
British Pound / Japanese Yen
Short
GBPJPY: Important Breakout 🇬🇧🇯🇵
By VasilyTrader
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Nov 28, 2022
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Nov 28, 2022
GBPJPY was steadily growing within a rising parallel channel for the last 3 weeks.
The market reached a key daily structure resistance on Friday.
Bears started to push heavily from that and the price broke and closed below the support of the channel.
It will trigger a bearish continuation.
Next supports: 166.3 / 165.3
❤️If you have any questions, please, ask me in the comment section.
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GBP
japaneseyen
jpy
Parallel Channel
priceaction
priceactionanalysis
priceactionstrategy
priceactiontrading
Support and Resistance
Trend Lines
yen
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