TradingView
nathandavid
Sep 12, 2020 4:52 PM

The Bears Are Back Short

British Pound/Japanese YenFXCM

Description

Huge selling pressure seen with last weeks 300+ pip move. Previous trend line has been smashed on the daily charts. It is important to check the daily charts with this pair, as they respect support and resistance levels extremely well. Sells only from here for the next few weeks.

Fundamentally, the pound is becoming weaker due to breaking their rules for Brexit, and the surrounding news.


Please message me for help and advice on trading!:)
Comments
ihekunatemitope
do you advise we close up te buys then,im a newbue here
UnknownUnicorn5161430
I think well
chrisobinnae
good one there 👍👌👌👌
ButerinR
Strong analysis💪🏼
Maxamed78
great job
i can rely on this
FXKing009
I like it my friend!
More