GBPJPY: ⬇️ Sell
– GBPJPY reversed from the resistance area
– Likely to fall to support level 193.65
GBPJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 196.00 (which has been reversing the price from March) and the upper daily Bollinger Band.
The downward reversal from this resistance zone will most likely form the daily Japanese candlesticks reversal pattern Bearish Engulfing – if the price closes today near the current levels.
Given the overbought daily Stochastic, the GBPJPY currency pair can be expected to fall to the next support level at 193.65 (the low of the previous minor correction ii).
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
This website uses cookies