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GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵
British Pound / Japanese Yen
Short
GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵
By VasilyTrader
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Nov 16, 2024
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Nov 16, 2024
GBPJPY dropped heavily on Friday.
The price violated both a support line of a rising parallel channel
and a horizontal demand zone.
With a high probability, the price will continue falling next week.
Next support - 193.9
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Forex
Parallel Channel
signals
Supply and Demand
swingtrading
swingtradingforex
swingtradingsignals
swingtradingstrategy
Trend Lines
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