Greetings Traders, We are currently in consolidation around the resistance level of 129.671. Looking for Monday if we break-below / close-below it would be a SELL opportunity down to 127.038. If we do not we will trend price action up to 133.316. Will keep you updated on action! Check out this outlook video for this weeks for GBPJPY: youtu.be Happy Trading!
Greetings Traders! Check out the video for the outlook at: youtu.be We have a up trend continuation that has formed. Looking at 0.45629 as a resistance/support level. Break-below this level would indicate a SELL opportunity down to the channel support or 0.75107, which ever comes first. A retest and continuation would indicate a BUY opportunity up to 0.75900 or...
We're nicely in between weekly and monthly resistance/support levels and just broke above weekly resistance.