GBPJPY analysis
For GBPJPY pair in general I see the trend is still bullish bro, I see in TF H1 the buyer still dominates, on Friday's trading GBPJPY rose around 134 pips, even though when the News Manufacturing PMI was released GBPJPY had dropped around 67 pips but in the session America's GJ rises quite fast. Today I think GBPJPY will try again to continue the bullish trend. If I see it on TF H1, the area that is quite interesting is around the price of 142,854, because here there is a Demand area which is supported by the Resistance area that has been broken out, we can put the stop loss around the price of 142,582
Hello, good night ... in my opinion the GBPJPY pair will continue to decline until it encounters the RBS area resistant to become support, this can be waited at 140,723, this is the target I will abenarly decline again, because the D1 time frame still looks Up trend, but for the H4 time frame the downtime has not yet run out if seen from a technical level because it has broken out the support price of 142,709. the second option if tomorrow there is indeed support for the H1 and H4 time frames with strong bullish pressure then the initial increase will occur following the trend of the time frame D1. thank you
