Hy Everyone, this is my first post here. So this is my analysis, the GBP in 2 sideway area right now. Its might be going up or going down. But if Its going up I'm planning to sell in 157.776. What do you guys think? Thank you.
GPB/JPY might retrace to support in 138.703 and going back up to resistance in 139.418
Or go straight up to 139.418 breaking the downwards trendline.( W pattern is forming)
If we see GJ break the market support and reject a re-test of the level, an opportunity for a nice short 4X RR targeting the Trendline below.
SL above double top
Trade invalid, if we make a higher high.
we see Bat pattern in 1H chart. Also D point on resistance level. in addition there is a libra pattern in 15M Chart.
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