GBPJPY Technical Analysis
GBPJPY Technical Analysis
Technically,
GBPJPY is currently on a bearish trend. At the 15 minutes to 4-hour Chart, it forms
a bearish flag that will automatically send it to the zone around 150. 855. It
means that soon we might see it drop to around support area 149.62. However,
patience remains an essential factor in this case situation. Therefore, our
quick analysis and bias for GBPJPY is a bearish trend. Remember, risk management and
well-calculation of lot size will be vital while trading GBPJPY. Trade Safe.
GBPJPY Support
Support
1: 155.4
Support
2:151.88
Support
3: 149.62
GBPJPY Resistance
Resistance
1: 156.5
Resistance
2: 160.34
Resistance
3: 163.88
GBPJPY Technical Analysis: Our Bias: Bearish Trend
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
