The GBP/JPY pair is currently in a downtrend in the 4h chart.
The 0/8 level of Murrey lines is lending support to falling prices.
Hence we expect the pair to bounce to the resistance levels of 146.094.
The 0/8 level of Murrey lines is lending support to falling prices.
Hence we expect the pair to bounce to the resistance levels of 146.094.
Trade closed: target reached
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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.