With the trend resistance back-up, the Pair GBPJPY restricting the upward Move but the pair offers a short-term profit by revisit towards the 147.00 and the 146.55 support levels.
However, the 145.70 could confine the pair's further Downward. If the price range continues to drop beyond the 145.70 means, the 145.00, the 144.25 and the 143.80 might be the sellers Favourite Zones.
On the other hand, assuming an Immediate reversal to the top and the resistance break out can challenge the 148.35. In case the buyers managed the conquer till 148.35 on a daily closing basis, then the 149.30 and the 150.00 could be the Solid target for the Price range.
Traders Have look on the mentioned numbers and decide Your trades according to that.
However, the 145.70 could confine the pair's further Downward. If the price range continues to drop beyond the 145.70 means, the 145.00, the 144.25 and the 143.80 might be the sellers Favourite Zones.
On the other hand, assuming an Immediate reversal to the top and the resistance break out can challenge the 148.35. In case the buyers managed the conquer till 148.35 on a daily closing basis, then the 149.30 and the 150.00 could be the Solid target for the Price range.
Traders Have look on the mentioned numbers and decide Your trades according to that.
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