GBP/JPY Breaking the Support Zone by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
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🔸 Price did an upside move and started loosing momentum once it faced the Resistance Zone.
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🔸 We observe that it has moved on a range, which has been recently broken.
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🔸 It has potential to make a downside move.
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🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
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🔸 Price did an upside move and started loosing momentum once it faced the Resistance Zone.
.
🔸 We observe that it has moved on a range, which has been recently broken.
.
🔸 It has potential to make a downside move.
.
🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
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