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Profound_Ambition

GBPJPY 4H

Paun British / Yen Jepun (FX:GBPJPY)  
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FX:GBPJPY   Paun British / Yen Jepun
Trend Analysis Support and Resistance Supply and Demand GBPJPY pound yen consolidation range break retest rejection
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trendanalysis supportandresistance supplyanddemand gbpjpy pound yen consolidation range break retest rejection
Looks like price is having some trouble at daily resistance 152.500, & is now in a 60 pip range between support & resistance.. We have pound data coming out in 30 minutes which will give us a better idea of what price action is looking to do. Will be watching to see if price can close back below the 61.8% fibonacci level & trendline for shorts
Komen:
now waiting for a break of support
Komen:
snapshot
61.8 acted as a great support, to bad I was anticipating a break..
Komen:
snapshot
back at fibonacci support
Komen:
snapshot
caught 80 pips at the 61.8 back up to daily resistance, price is rejecting this level once again showing alot of pressure, still watching for a breakout of range!
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