Harry_P

GBPJPY Correction back to bottom or broken resistace?

FOREXCOM:GBPJPY   British Pound / Japanese Yen
After the large spike up it has come to resistance where it looks to be rejecting however we have to wait for the candles to close to determine which direction we're going in.

The descending trend line has been broken so we are unsure, this is suggesting more bullish power but for the moment it seems undecided.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.