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alimortezapanju

GBPJPY Sell Idea 09-16-2021

Short
British Pound / Japanese Yen (FX:GBPJPY)  
alimortezapanju Updated   
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance GBPJPY priceaction
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supportandresistance gbpjpy priceaction
GJ broke below key supports on the hourly timeframes. Price has now consolidated and we are waiting for price to reject 151.200 clearly to allow us to take sells further down. There is also some support at 151.000 on the 1H and 30 min timeframes, so once price rejects 151.200, we expect that price can continue past this.
Comment:
UPDATE: Price failed to reject 151.200, and as a result, price pushed up.
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