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FxWirePro
Nov 8, 2022 8:48 AM

GBPJPY- Zero line reject Short

British Pound/Japanese YenFXCM

Description

It has formed a zero-line reject pattern in CCI (50). CCI bounces off of or near the zero-line (ZL). GBPJPY also shows a double top around 169.10. It is good to sell on rallies around 168.28-30 wit hSL around 169.10 for TP of 165.05

Comment

GBPJPY showing a major weakness, a dip to 165 is possible
Comments
JoeChampion
Good job!
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