Analysis Explanation
GBPJPY has rejected the ceiling of the rising wedge at 152.2
Now holding on 147 support level, any break bellow could be a possibility of a bounce back to the floor of the rising wedge at 139.3
The RSI Below 50% and could indicate a further downside
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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.