GBPJPY, Weekly analysis, July 20-24
Dear traders,
Have a great trading week ahead,
Pound against Japanese yen, have been trading sideways in day chart and in 4 hr chart its trading in falling wedge pattern, previous resistance zone between 133.750 to 134.150 area now act as a support zone , this week price expects to favour bullish moves upto 136 from technical perspective..when fundamentals supports the price action
Note- Predictions based on price action ..and for educational purposes..
Have a great trading week ahead,
Pound against Japanese yen, have been trading sideways in day chart and in 4 hr chart its trading in falling wedge pattern, previous resistance zone between 133.750 to 134.150 area now act as a support zone , this week price expects to favour bullish moves upto 136 from technical perspective..when fundamentals supports the price action
Note- Predictions based on price action ..and for educational purposes..
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