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dlbsanborn
18 dec 2017 18:39

GBPJPY range possible Kort

GBP/JPYOANDA

Beskrivning

After a couple failed attempts at maintaining new highs, GBPJPY had a sluggish move lower last week. It's currently retesting a minor mid-level resistance zone around 151ish. IF bearish momentum can resume I wouldn't be surprised to see a move towards the 148-149 zone which is where the bottom of this potential range has been established.
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dlbsanborn
Price is still trading below a newly formed 4hr chart downtrend line. As long as price remains below this trendline and 151ish, then the pressure is still to the downside, at least in the short term.
Mer