GBPJPY fall from strong resistance

2021년 1월 4일

In September, the price came to the resistance of 142.730 and dropped.
She only stopped at support 133.256.
A similar situation was back in February 2020.
Then the price also collapsed from the resistance line to the support line (the same).
The price started to rise from the support, but now it moved to the strong level of resistance at 141.412.
One of the lines in this zone was formed in 2019, the second in 2018.

The situation will repeat itself as in February and September 2020.
The price will not be able to break through the resistance zone and will fall to support.
The target is 136.874.

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