GBPJPY: Pullback from Key Level for FX:GBPJPY by VasilyTrader — TradingView

Trend Analysis Chart Patterns Wave Analysis pound yen japaneseyen poundsterling GBP jpy Forex trading Technical Analysis

trendanalysis chartpattern waveanalysis pound yen japaneseyen poundsterling gbp jpy forex trading technicalanalysis

snapshot

GBPJPY reached a strong horizontal daily/4h resistance.

On that, the price went rejected multiple times and formed multiple dodji's.

On hourly time frame, the price has just broken a rising parallel channel.
It is a very strong confirmation and a bearish move is highly probable now.

Goals:
139.25
138.8

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