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Profound_Ambition

GBPJPY 4H

British Pound / Japanese Yen (FX:GBPJPY)  
Profound_Ambition Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Supply and Demand GBPJPY pound yen consolidation range break retest rejection
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trendanalysis supportandresistance supplyanddemand gbpjpy pound yen consolidation range break retest rejection
Looks like price is having some trouble at daily resistance 152.500, & is now in a 60 pip range between support & resistance.. We have pound data coming out in 30 minutes which will give us a better idea of what price action is looking to do. Will be watching to see if price can close back below the 61.8% fibonacci level & trendline for shorts
Comment:
now waiting for a break of support
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snapshot
61.8 acted as a great support, to bad I was anticipating a break..
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back at fibonacci support
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caught 80 pips at the 61.8 back up to daily resistance, price is rejecting this level once again showing alot of pressure, still watching for a breakout of range!
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