GBPJPY 25.01.2021
Overview:
Prices are moving in a short term bearish direction
Expected:
The pair is trading below a strong resistance level around 142.26, which enhances the downside chances during today's trading to 141.50
Alternative Scenario:
On the other hand, we think that if the level of 142.26 was broken to the upside, this pair might push up to 143
Resistance | 142.26 | 142.50 | 142.80 |
Support | 140.00 | 139.60 | 139.20 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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