英鎊 / 日圓

GBPJPY Updated

61
Hello traders,

In this idea, I'm sharing my analysis and position on GBPJPY.

Weekly Chart: I've drawn a Fibonacci channel, and the price has recently bounced off the 38.2% level. I anticipate that the price will retest the middle line of the uptrend channel, around the 193 to 195 range.

Daily Chart: I've identified a bearish cup & handle pattern and set the corresponding targets. However, I'm waiting for confirmation with a break below the support at 183.6 before taking further action.

Feel free to share your thoughts and insights!
註釋
Daily chart

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註釋
4h update, I am waiting a confirmation to set a position

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註釋
short position

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