Contributors Technical Analysis GBP/JPY Targeting New Lows

GBP/JPY Targeting New Lows

Price is trading in the red and should resume the corrective phase, after a minor distribution. The next major downside target will be at the first warning line (WL1) of the ascending pitchfork. Could drop towards this target after the failure to retest the median line (ml) of the minor descending pitchfork.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version