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Home About the company Daily reviews GBP/JPY Trading Analysis (29/08/2024)

GBP/JPY Trading Analysis (29/08/2024)

29.08.2024

Technical reviews

The trend is descending. The bulls are testing the important rounded level of 192.000. The ascending truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator.

GBP/JPY Forex price chart

Trading idea:

  • Sell at the breach of 190.24.
  • Stop-loss at 192.00.
  • Price targets at 188.50 and 185.00.      


#gbpjpy #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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