I wathing two scenenario at the moment, (Bullish, bearish) since gbp/usd and gbp/jpy have been very bullish in the last period, it might not stop here!
But, as you could see, either we break the - 1.32500 or we respect it (1.32500 is a very strong resistance level)
Next target should be 1.32500 before any other move
This week have just been consilation on gbp/jpy - so next week would be a trend!
NEXT TARGET 1.32500!: (Then, watch and see if it`s a strong move into resistance or a buildup)
(immidiate opinion, is after re test 1.32500 we might drop towards 1.28250)
SCENARIO 1 - RED ARROW
SCENARIO 2 - GREEN ARROW
NOTE!: Just focus on one arrow, or this going too be hell a confusing! ("RED ARROW AND GREEN ARROW")
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.