GBPJPY Divergency Spotted
GBPJPY has reached the lower trendline. We're talking about the 4th touch on the daily trendline where we could see a potential breakout to the downside.
RSI is indicating divergency in the pair but the pair is facing rejection on the trendline (long candlesticks). We must wait for a clean breakout.
RSI is indicating divergency in the pair but the pair is facing rejection on the trendline (long candlesticks). We must wait for a clean breakout.
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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.