GBPJPY remains Bearish..

19 ส.ค. 2024

Current Price: 190.400

Outlook: Bearish

Reasons:

- The pair has broken below the key support level of 191.000, indicating a potential downtrend.
- The Relative Strength Index (RSI) is below 50, suggesting bearish momentum.
- The Moving Average Convergence Divergence (MACD) is showing a bearish crossover, indicating a potential sell signal.
- The pair is trading below the 200-period moving average, which is a bearish sign.

Next Support Levels: 189.000, 188.000

Next Resistance Levels: 191.000, 192.000

Recommendation: Sell on rallies, target 189.000 and 188.000.

2 ก.ย. 2024

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