Weakness of the JPY or strength of the GBP
Hi everyone
I hope you are well
In the previous analysis, we predicted this sharp and upward movement. We are now witnessing a continuing weakening of the yen and the liberalization of the British economy from quarantine. Along with these factors, our analysis is bullish and we do not seem to have any resistance until the price of 156. At this price, we are faced with a long-term weekly trend line (red line), a price channel ceiling in daily time and a resistance price, which has been the peak price since 2018. We have to look for buying opportunities up to the desired price.
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
I hope you are well
In the previous analysis, we predicted this sharp and upward movement. We are now witnessing a continuing weakening of the yen and the liberalization of the British economy from quarantine. Along with these factors, our analysis is bullish and we do not seem to have any resistance until the price of 156. At this price, we are faced with a long-term weekly trend line (red line), a price channel ceiling in daily time and a resistance price, which has been the peak price since 2018. We have to look for buying opportunities up to the desired price.
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
