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mightybullcapital

GBPJPY 08/09/2022

Short
British Pound / Japanese Yen (FX_IDC:GBPJPY)  
mightybullcapital  
FX_IDC:GBPJPY   British Pound / Japanese Yen
Trend Analysis gbpjpyanalysis GBPJPY gbpjpychart gbpjpydaily gbpjpysignal gbpjpyprediction gbpjpy_outlook gj gbpjpyforecast
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trendanalysis gbpjpyanalysis gbpjpy gbpjpychart gbpjpydaily gbpjpysignal gbpjpyprediction gbpjpy_outlook gj gbpjpyforecast
GJ formed a recent support at 165.129 & while having its next support at 165.129. Also gj facing resistance at the recent high at 166.311. now if price makes a breakout of the recent support then it could go for some more retracement all the way to the next support at 165.129.
However if price respects the recent support and makes a break & closes abpve the high at 165.129 then gj countinue pushing up creating new higher high.
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