Pound Inggris / Yen JepangDiupdate Watch out for a big fall in GBP/JPY
Dear traders, GBP/JPY is on a strong uptrend for many weeks now.
However, the uptrend seems to have lost momentum in the last few days.
The current scenario can be compared to that of a melt-up.
However, if the bears step in now, expect a quick fall in GBP/JPY. Watch
out for a bearish price action to sell and expect price to fall to at least
172. Price is very over-extended from the EMA so, I do not recommend any
long entries at the current level.
However, the uptrend seems to have lost momentum in the last few days.
The current scenario can be compared to that of a melt-up.
However, if the bears step in now, expect a quick fall in GBP/JPY. Watch
out for a bearish price action to sell and expect price to fall to at least
172. Price is very over-extended from the EMA so, I do not recommend any
long entries at the current level.
Catatan
So far the resistance is holdingCatatan
Sold at 183.60 and currently in 48 Pips profit
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.