mightybullcapital

GBPJPY 08/09/2022

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FX_IDC:GBPJPY   英鎊 / 日圓
GJ formed a recent support at 165.129 & while having its next support at 165.129. Also gj facing resistance at the recent high at 166.311. now if price makes a breakout of the recent support then it could go for some more retracement all the way to the next support at 165.129.
However if price respects the recent support and makes a break & closes abpve the high at 165.129 then gj countinue pushing up creating new higher high.

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