• GBPJPY reversed from support level 149.20
• Likely to rise to resistance level 152.00
GBPJPY recently reversed up from the key support level 149.20 (low of wave A) and the lower daily Bollinger Band.
The upward reversal from the support level 149.20 stopped the previous intermediate ABC correction (4).
Given the strong uptrend – GBPJPY is likely to rise further toward the next resistance level 152.00 (top of the previous correction B).
Welcome to Pro News Weekly! Here’s what is moving the markets: 💵 The Fed fails…
Crypto rebounds slightly in a bear market; resistance holds, optimism rises, but the outlook remains…
The ECB is weighing the strengths of the euro, and the US jobs report will…
Bitcoin: ⬇️ Sell - Bitcoin reversed from resistance area - Likely to fall to support level…
USDJPY: ⬇️ Sell - USDJPY reversed from resistance area - Likely to fall to support…
Stock indices The Fed managed to please the American stock market by easing its policy…
This website uses cookies
