GBPJPY Bulls weak; possible short-term Reversal
Hello friends, if you analyze the daily chart, you can figure out that GBPJPY Bulls have been getting weak for the last 5-7 days.
Bulls can't clear the 135.50-137 resistance area.
Yesterday, GBPJPY printed a Bearish Candle in the daily chart. If GJ is unable to break the resistance area, then I expect a short-term reversal
and a subsequent drop to 132.50 area.
Bulls can't clear the 135.50-137 resistance area.
Yesterday, GBPJPY printed a Bearish Candle in the daily chart. If GJ is unable to break the resistance area, then I expect a short-term reversal
and a subsequent drop to 132.50 area.
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