GBPJPY Daily analysis - sentiment shift

250
Several factors pointing to a potential shift in sentiment from bearish to indecision or even bullish:
- Price tested and bounced off the 8 month trend line support this past week
- Head and shoulders type pattern where we see a higher low in agreement with the trend line support
- a test of and move north from the high volume node

These factors do not assume the start of an uptrend, but rather a shift in bearish sentiment and potential for reversal, to go long look for a bullish candle break above 142.34.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.