DeGRAM

DeGRAM | GBPJPY psychological level of 183.000

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY broke and closed above the descending channel.

The market is approaching the confluence level, where we have a psychological level of 183.000, dynamic resistance, and a fibo cluster.

The resistance level pushed the price lower.

We expect a sharp bearish move if the price rejects the zone.


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