GBP JPY hit the wall
As you can see we have marked out our support turned resistance level on the chart ( green line ) and we have pointed out areas where this level has acted as a resistance on the daily timeframe ( purple arrows )
From here we can see bearish movement after this pairing has had a very good strong bullish run but has now hit that all important brick wall ( resistance level )
This key level on the daily timeframe is also a key level on the weekly and 4h charts.
We hope this analysis can help you.
From here we can see bearish movement after this pairing has had a very good strong bullish run but has now hit that all important brick wall ( resistance level )
This key level on the daily timeframe is also a key level on the weekly and 4h charts.
We hope this analysis can help you.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.