GBPJPY Chart: Daily Resistance: 167.500 There's resistance @ 167.500 which falls in line with the rising trend lines. This also lines up with the momentum slowing down and price getting trapped in consolidation zone, however the market is still in an uptrend, therefore risk management should always be exercised.
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.