Trading suggestion:
. There is a possibility of temporary retracement to suggested resistance line (150.35).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.14.

Take Profits:
TP1= @ 149.35
TP2= @ 149.00
TP3= @ 148.15
TP4= @ 147.45
TP5= @ 146.50

SL= Break below S2

âĪïļ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

âĪïļ Your Support is very much 🙏 appreciated!âĪïļ
💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, âĪïļ
ForecastCity English Support Team âĪïļ
Bearish PatternsChart PatternsGBPGBPJPYTechnical IndicatorsjpyTrend Analysis

āđāļĨāļ°āđƒāļ™:

āļāļēāļĢāļ™āļģāđ€āļŠāļ™āļ­āļ—āļĩāđˆāđ€āļāļĩāđˆāļĒāļ§āļ‚āđ‰āļ­āļ‡

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš