Downward trend, recommend selling!
Short GBP/JPY at 196.55, I'm anticipating a reversal from this previous support level, with a take-profit target at 194.70.
Technical Overview:
Previous Support as Resistance: The 196.55 level previously acted as support and is now expected to serve as resistance, a common technical pattern where broken support levels become resistance.
Technical Overview:
Previous Support as Resistance: The 196.55 level previously acted as support and is now expected to serve as resistance, a common technical pattern where broken support levels become resistance.
Penafian
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