gbp jpy short term sell long term buys
Market is in an overall uptrend
price resisted closing over 150 after trying 5 times
1h chart shows bearish engulfing as well as red ema crossing blue as a bearish confluence
price previously retested 149.50 as level of support , also structured at 78.6 level on fib
price will retest 149.50 and then head to 151 level this week
price resisted closing over 150 after trying 5 times
1h chart shows bearish engulfing as well as red ema crossing blue as a bearish confluence
price previously retested 149.50 as level of support , also structured at 78.6 level on fib
price will retest 149.50 and then head to 151 level this week
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.