GBPJPY: Price levels and price pattern analysis
Today's focus: GBPJPY
Pattern – consolidation uptrend
Possible targets N/A
Support – 182.20
Resistance – 183.75
Today’s update mainly zeros in on the consolidation presenting in the current uptrend. Price continues to hold in a range, and we have broken down the things we are watching for, either a new attempt at continuing the trend or an extension of Friday’s selling that could set up a new move to test the current uptrend line.
Have a great day and good trading.
Pattern – consolidation uptrend
Possible targets N/A
Support – 182.20
Resistance – 183.75
Today’s update mainly zeros in on the consolidation presenting in the current uptrend. Price continues to hold in a range, and we have broken down the things we are watching for, either a new attempt at continuing the trend or an extension of Friday’s selling that could set up a new move to test the current uptrend line.
Have a great day and good trading.
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