Hey trades, hope you all are having a great week.
So here is the analysis of GBPJPY.
As always our blue line indicates support and resistence
and the black line indicates the possible trend.
As we can see that the trend is in middle so we advice you to not take any trade.
However we can see that it broke the trendline support and has gone down,
also we can see that it stated gowing down after hitting the upper resistence at 144.200
so one can take a small sell call keping tp at 135.800 or can wait for a breakout.
So here is the analysis of GBPJPY.
As always our blue line indicates support and resistence
and the black line indicates the possible trend.
As we can see that the trend is in middle so we advice you to not take any trade.
However we can see that it broke the trendline support and has gone down,
also we can see that it stated gowing down after hitting the upper resistence at 144.200
so one can take a small sell call keping tp at 135.800 or can wait for a breakout.