Salzworth

Outlook on GBPJPY: Bearish play seen

FOREXCOM:GBPJPY   영국 파운드/일본 엔
On the H4 time frame, we are seeing bearish order flow, with prices forming lower lows and lower highs. On the H1 time frame, a pullback to the supply zone at 151.20 on the H1 time frame presents an opportunity to sell. This resistance area is in line with the 38.2% fibonacci retracement, where we could see a reversal below this level to our support target at 149.80, in line with the 61.8% Fibonacci retracement. Keeping in mind that prices are testing a daily demand zone, a break above the current resistance zone at 151.20 could see a deeper pullback on the daily leg.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.