GBPJPY has been in a strong uptrend for a long time. After that, the price moved into a range between 166.00 and 161.49, but on each subsequent test of the resistance level, we begin to notice the weakness of the market.
A descending resistance line is forming on the chart, which is very strongly reflected in the price and quite deep rollbacks are formed to the limit support zone 161.49.
I assume that the price may again roll back from the resistance to the liquidity zone of 161.49
Sincerely, R. Linda!
A descending resistance line is forming on the chart, which is very strongly reflected in the price and quite deep rollbacks are formed to the limit support zone 161.49.
I assume that the price may again roll back from the resistance to the liquidity zone of 161.49
Sincerely, R. Linda!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com