GBPJPY: Classic Breakout Trade
The GBPJPY recently broke and closed below an important daily support level.
Following the breakout, the price retested the broken support and began consolidating within a range.
A bearish breakout from this range serves as a strong confirmation of further bearish movement, increasing the likelihood that the breakout is legitimate.
It is anticipated that the price will decline to a level between 190.99 and 190.23.
Following the breakout, the price retested the broken support and began consolidating within a range.
A bearish breakout from this range serves as a strong confirmation of further bearish movement, increasing the likelihood that the breakout is legitimate.
It is anticipated that the price will decline to a level between 190.99 and 190.23.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.