British Pound / Japanese YenUpdated Pair is Mixed to Bearish
Pair is mixed to bearish as it failed tow times to break the 150.00 barrier today, third attempt is in progress while writing, let us watch and see if pair will fail for third time
Note
It failed for fourth time while writingNote
price was sent badly to 149.60Note
we are well below the daily pivot of 149.74Note
==== Week of March 19 - 23
This pair is negative as long as it is below 150.00
Now the pair is confined between 147.00 & 149.50
Any clear break in either direction we will see acceleration:
Clear Break of 147.00 will take price to 145.00
Clear Break of 150.00 Will take price to 153.00 & 156.00
Working on this pair needs high level of caution and very deep assessment each time the pair hits one of the above areas.
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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.