RLinda

GBPJPY ! Retest of the descending resistance line🥵

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY has been in a strong uptrend for a long time. After that, the price moved into a range between 166.00 and 161.49, but on each subsequent test of the resistance level, we begin to notice the weakness of the market.

A descending resistance line is forming on the chart, which is very strongly reflected in the price and quite deep rollbacks are formed to the limit support zone 161.49.

I assume that the price may again roll back from the resistance to the liquidity zone of 161.49

Sincerely, R. Linda!

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