英鎊 / 日圓已更新

GBPJPY a test of the 50% Fibonacci level 🦐

The GBP/JPY currency pair, on the 4-hour timeframe, is currently trading within a range between the recent low and the daily 50% Fibonacci level.
The market saw a drop from its previous high, but it has now stabilized within this range.

This range-bound behavior can indicate indecision among market participants and a potential lack of clear direction. Traders may be watching key technical levels, such as the 50% Fibonacci level and the recent low, for signs of a potential break out.

The price is also testing the 50% of the range and in the event of a break above the 50% Fibonacci level, it could indicate bullish momentum and a potential rise in price. On the other hand, according to Plancton's strategy a break below the recent low could signal bearish momentum and a potential decrease in price.
註釋
快照 drop to the 0.618 Fibonacci as expected
註釋
快照 drop as expected

免責聲明