GBPJPY 1h timeframe analysis Short

British Pound/Japanese YenFXCM

Description

⋅ Mar 31, 2020 1:28 AM

GbpJpy has made a strong push up but has lost its bullish momentum and has reached a strong resistance zone + the 50% fib retracement level.

Im expecting a push down to the recent low and possibly a down trend continuation. Trail profits.

Comment

⋅ Apr 1, 2020 1:18 PM

Seems to have broken out of the uptrend! im really sure it will drop from here.

Comments

ChristianLynravn

⋅ Mar 31, 2020 5:05 AM

You have explained it very well. I think GJ will drop soon

Dev5777

⋅ Mar 31, 2020 8:18 AM

@ChristianLynravn, thanks for your cooment bro...yea gbpjpy should drop hopefully hahha