GBPJPY Analysis 1H
A clear 3 point downtrend line I’d expect buyers to come in at the break of.
The 2 previous supply levels (horizontal green lines) look very strong I wouldn’t be surprised to see rejection at these levels.
A strong break of 166 I would turn bullish.
Overall market looks to consolidate between 162 and 168 for awhile
The 2 previous supply levels (horizontal green lines) look very strong I wouldn’t be surprised to see rejection at these levels.
A strong break of 166 I would turn bullish.
Overall market looks to consolidate between 162 and 168 for awhile
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