UnknownUnicorn15614419

GBPJPY: will the price collapse from the 2007 resistance?

Short
FX:GBPJPY   British Pound / Japanese Yen
In March, the price bounced off the support level of 125.83 and started an upward bullish trend. During this trend, the price has grown to the resistance zone 153.23. In this area, the trend line crosses the 2007 resistance line! Now we can see that the price started to fall and we can expect that it will fall to the trend support 143.84.

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