GBPJPY - SELL Pressure

Actualizado
Overall, the trend is upward.

Uptrend: The price is currently trading below 193.320 and attempting to break through this level. If successful, with a 4H or 1D candle closing above, it is likely to rise towards 195.90, then start to decline.

Downtrend: as long as the price is trading under 193.320, it will fall to cross 191.58, and below it will touch 188.23.

Tendency Keys: 193.320
Operación cerrada: objetivo alcanzado
as we mentioned, the price rose to 195.99 and then fell to below 191.58.

Currently, the price will make a short correction toward up, then should close the 4H candle under this level, to be more bearish.

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Operación cerrada: objetivo alcanzado
We are waiting to close the 4H candle below 191.58. to confirm the bearish trend toward 188.23.

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