GBPJPY is currently in an ascending channel , but on the 4H timeframe, it's consolidating.
The price rebounded from the strong support at 163.60, The market created a bullish pattern .
We expect further consolidation until a new trend is confirmed.
My target is 166.85,
Share your opinion in the comments and support the idea with a like. Thanks for your support!
The price rebounded from the strong support at 163.60, The market created a bullish pattern .
We expect further consolidation until a new trend is confirmed.
My target is 166.85,
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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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.