The outlook for GBPJPY currently suggests a bearish bias. This downside potential is supported by a trendline shift from bullish to bearish, along with candlestick confirmation indicating stronger selling pressure. Under these conditions, the probability of further decline remains significant based on technical analysis.
Trading Recommendation:
- Sell GBPJPY
- Entry: 200.000
- Take Profit: 199.623
- Stoploss: 200.308
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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