• GBPJPY reversed from resistance level 161.40
• Likely to fall to support level 160.00
GBPJPY currency pair recently reversed down from the resistance level 161.40 (which has been reversing the price from the end of December), standing near the upper daily Bollinger Band.
The downward reversal from the resistance level 1.0800 continues the (b)-wave of the longer-term ABC correction (B) from the start of January.
Given the overbought daily Stochastic, GBPJPY currency pair can be expected to fall further toward the next support level 160.00.
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
This website uses cookies