GBPJPY potential drop!
Price is approaching our major resistance and the resistance of our bullish channel. A drop might occur to our take profit level. We are also seeing a bearish divergence on Stochastic. There is an intermediate support level which we need to watch closely, only a breakout below the level would provide further bearish confirmation to our take profit level
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.
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.