GBPJPY
Chart: Daily
Resistance: 167.500
There's resistance @ 167.500 which falls in line with the rising trend lines. This also lines up with the momentum slowing down and price getting trapped in consolidation zone, however the market is still in an uptrend, therefore risk management should always be exercised.
Chart: Daily
Resistance: 167.500
There's resistance @ 167.500 which falls in line with the rising trend lines. This also lines up with the momentum slowing down and price getting trapped in consolidation zone, however the market is still in an uptrend, therefore risk management should always be exercised.