GBP/JPY will rebound or Fall
The GBP/JPY is displaying a very tricky pattern. Riding in a rising channel, we should be observant for any break at the trend line support. The last candle was a Big bearish close, could signify a bearish continuation.
Moreover looking at it from another perspective, we could spot an inverse head and shoulder pattern which might indicate the Bulls are preparing for a glorious ride to the top of the channel.
I remain neutral for now!
If you have any opinion or Idea on this pair, please do write it down in the comment section. I will be pleased!
Follow, like and comment for more Ideas. Thanks and have a safe day.
Moreover looking at it from another perspective, we could spot an inverse head and shoulder pattern which might indicate the Bulls are preparing for a glorious ride to the top of the channel.
I remain neutral for now!
If you have any opinion or Idea on this pair, please do write it down in the comment section. I will be pleased!
Follow, like and comment for more Ideas. Thanks and have a safe day.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.