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Monday, May 23, 2022

GBPJPY broken the top zone and reached -570 points
1 mins well spent

GBPJPY is moving in a downtrend line for a long time by forming lower highs, lower lows in H1-Timeframe Chart.

GBJPY starts to fall after breaking the recent low level.

We Expect retest at 134.60 to 134.70 and then it will fall again.

Market fall and went near to take profit 1 upto 510 points in profit, but it didn’t reach the T1.

Today, GBP Pairs got more stronger, because European Union and Britain Brexit talks held on last week friday and saturday

The EU stimulus package talks made smooth negotiations, So the outcome result made the GBP stronger in all GBP Currency pairs.

GBPJPY broken the top zone of the descending channel and it reached our SL price.

gbpjpy sl points reach

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