Will GBP/JPY fall to 178?Let's analyze the daily chart
Hello everyone, GBP/JPY made yet another attempt to break the
resistance level yesterday but the attempt was not successful.
📌Price has already fallen more than 100 Pips today. If the daily
candle ends today with a bearish candlestick pattern, we can expect
further fall in GBP/JPY.
📌183.46 is a moderate support level which if broken, would open
the path towards 178.
📌My recommendation is to sell the rallies in GBP/JPY.
resistance level yesterday but the attempt was not successful.
📌Price has already fallen more than 100 Pips today. If the daily
candle ends today with a bearish candlestick pattern, we can expect
further fall in GBP/JPY.
📌183.46 is a moderate support level which if broken, would open
the path towards 178.
📌My recommendation is to sell the rallies in GBP/JPY.
