where is GBPJPY going next? Bearish?
Traders, looking at GBPJPY after hitting a strong resistance level, we might expect it to go bearish.
From my analysis, we can see that the market has moved past the confirmation trendline and has struggled to move past the 4H EMA and is currently above the Daily EMA
The point it touches the Daily EMA will be a point of partial take profits if the market moves in our favor.
From my analysis, we can see that the market has moved past the confirmation trendline and has struggled to move past the 4H EMA and is currently above the Daily EMA
The point it touches the Daily EMA will be a point of partial take profits if the market moves in our favor.
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