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Lukman_M

Ranging market’s support was violated

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Lukman_M  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance gbpjpyanalysis gbpjpyshort lukman_m
6
0
trendanalysis supportandresistance gbpjpyanalysis gbpjpyshort lukman_m
During the end of last week’s trading session, we can see that this pair made a sideway movement signaling uncertainty in the direction of price. Since the support of the ranging market was penetrated, it shows the presence of selling pressure. Trade safely!

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