DeGRAM

⚠️GBPJPY consolidation and fall

Short
FOREXCOM:GBPJPY   British Pound / Japanese Yen
In March last year, the price returned to the upward channel.
This channel was formed back in August 19 (the first touch of the resistance line).
Since March, the price has been moving in the channel without breaking through any support or resistance.
In December, the price bounced off the support at 136.59.
After that, during the long-term growth, it came to the resistance 152.52.
Then it rebounded and is now working out the consolidation on the resistance.
I expect the price to touch the resistance at 153.44.
Then it will fall to the support.
The goal is 143.53.

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