GBPJPY 10H / (Consolidation Zone)

GBPJPY Analyse

The price will consolidate between 188.290 and 186.378 till breaking.

there is two scenarios after breaking the pivot zone

Bearish Scenario: stability under 186.378 by closing 4h canlde will supporr falling to get 184.120 and 182.450 then should stabilize under it to get a next bearish station 177.930

Bullish Scenario: the price should break 188.291 to be uptrend till 191.580

Key Points:
Pivot Line: 187.400
Support lines: 184.115, 182.495, 180.180
Resistance Lines: 188.290, 189.975, 191.585

Tendency: Downward