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GBPJPY Forecast for March 19

FX:GBPJPY   英鎊 / 日圓
On the four-hour time frame, we see a pull from 152.50 to the current 151.50. Currently, there is a smaller bearish trend testing moving averages that are slowly moving to the bearish side, and based on that, we expect a continued pullback looking for better support on the chart. We need a break above the revolving averages for the bullish trend as we would, with their help, continue up to higher levels above 152.00.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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