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GBPJPY - Faces Downside Pressure Medium Term

Discussion in 'Technical Analysis' started by Kaitlin, Dec 23, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    GBPJPY Having continued to maintain its broader weakness, GBPJPY faces downside pressure medium term. This view remains valid while the cross trades and holds below its key resistance zone at 183.36. On the downside, support comes in at the 179.00 level where a violation will aim at the 178.00[​IMG]

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