Get started
lobfxempire

GBPJPY: Analysis

British Pound / Japanese Yen (FX:GBPJPY)  
lobfxempire  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Support and Resistance GBPJPY GBP jpy gbpshort gbpjpyshort gbpjpyanalysis gbpjpyprediction forecast
4
0
trendanalysis chartpattern supportandresistance gbpjpy gbp jpy gbpshort gbpjpyshort gbpjpyanalysis gbpjpyprediction forecast
Price is testing my daily support as of now, waiting to see if there is more bearish movement.

I have a *weekly* Descending channel plotted as well and price is just over the resistance line, with that i'm waiting for two things only..

1.) Price to break my daily support and keep falling to my weekly support
OR
2.) Price to bounce off daily support and reverse in the opposite direction

Be sure to leave a comment if you have something to add!

*Ill be updating on GJ*
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.