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EliteTradingSignals
May 24, 2023 7:31 AM
GBP/JPY BEARS ARE STRONG HERE|SHORT
Short
FX:GBPJPY
1D
British Pound/Japanese Yen
FXCM
Description
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May 24, 2023 7:31 AM
Hello,Friends!
The BB upper band is nearby so GBP/JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 168.669.
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Trend Analysis
Chart Patterns
Wave Analysis
GBPJPY
short
SELL
trading
Bearish Patterns
Forex
forecast
tecnhicalanalysis
Contains image
Comments
Scottyy05
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May 24, 2023 7:36 AM
Are you on a daily chart?
ArmanShabanTrading
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May 25, 2023 6:59 AM
Strong analysis!
UnitedSignals
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May 24, 2023 6:37 PM
Thank you for posting this idea.
AnabelSignals
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May 24, 2023 10:35 AM
Good trading idea, pal!
EliteTradingSignals
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May 24, 2023 7:34 AM
What are your thoughts on GBP/JPY?
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