GBPJPY/ BEARISH MOMENTUM STRENGTHENS, BREAKS KEY SUPPORT
The recent price action confirms the bearish trend as the pair has consistently closed below the 190.63 level. This suggests that sellers remain in control, increasing the likelihood of further downside movement. The next key target is the 188.94 support level, where a potential reaction may occur. If the price successfully breaks this level, bearish momentum is expected to continue, opening the way for further declines toward 187.89. A sustained move below this point would confirm the continuation of the downtrend, with the next major support positioned near 186.96. The presence of negative momentum from technical indicators further strengthens the bearish outlook, increasing the probability of additional declines in the short term.
Tendency Keys: 190.63
Resistance Line: 190.63, 194.62, 196.45
Support Line: 188.94, 187.89, 186.96
Tendency Keys: 190.63
Resistance Line: 190.63, 194.62, 196.45
Support Line: 188.94, 187.89, 186.96
Transaction en cours
The price has rebounded above 192.31, indicating potential upward momentum. If this trend continues, the price may advance further toward 194.62.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.