DeGRAM

GBPJPY return to support

Short
FOREXCOM:GBPJPY   British Pound / Japanese Yen
A few weeks ago, the price broke the support at 141.46.
The breakdown occurred during growth.
The price consolidated towards the line and continued to rise.
As a result, it rose to the resistance 144.51.
This is a strong resistance line.
The first touch happened in 2017.
Despite several false breakouts, the line does not allow the price to rise.
The last time the price hit the line, it plunged to an annual low.
I expect the price to fall after the support rally and touching the strong resistance(2017) at 144.51.
She will return to support.
The target is 142.28

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