It has been a 3 week consolidation now for the GBPJPY. It is till possible for a break to the upside because of the strong uptrend. The price to look out for my to trade to the upside is 141.623. That would mean that the candle has to close above that line and then I would cheack on the lower time frames for price action. The next Resistance would be around the 147 zone for me
The same to the downside. The line to break would be 137.658 with the next support around the 135.600 zone
This is not trading advise and I merely use this platform to test my knowledge and build confidence in my own abilities
The same to the downside. The line to break would be 137.658 with the next support around the 135.600 zone
This is not trading advise and I merely use this platform to test my knowledge and build confidence in my own abilities