Symmetrical Triangle at Psychological level | Sell GBPJPY

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GBPJPY

Key Points supporting Bearish Bias:
1. Symmetrical Triangle Break to the downside.
2. Psychological Resistance level.
3. Failed Breakout above the Resistance.
4. Falling Wedge Pattern on DXY. Dollar may rise in the long term.
5. Clear rejection of 38.2 Fib level.
6. 50 EMA providing additional resistance.





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FibonacciGBPshortstrengthSupport and ResistanceTriangleUSD

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