GBPJPY 30.3.2023

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

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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