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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

GBPJPY 30.3.2023

Technical Analysis
Thursday, March 30, 2023 - 13:07
Point Trader Group
GBPJPY 30.3.2023

Main Trend:

Bullish than Bearish.

Expected scenario:

The pair reached its bullish target. The pair might continue going upwards to reach 164 where we can go short to target: 163.00 – 162.60.

Alternative scenario:

The scenario fails and turns intro bullishness after the level of 164 is broken with targets: 164.50 – 165.00.

The most important levels

Resistance:

164.00 – 164.50

Support:

163.00 – 162.60

  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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