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GBPJPY broke the bullish trend line

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The Sterling Pound against the Japanese Yen recorded a negative bounce from the resistance level of 152.75.

Technical Comment: GBPUSD breaks the bullish trend line. The pair is trading today below the resistance zone of 150.50-150.85, could give the pair further negative towards 148.50 - 147.00.

Comment on the Previous Analysis: broke below 150.60-150.20

Expected Daily Trend: Bearish below 150.50-150.85.

 

Important Levels:

Support: 149.10 - 148.50 - 147.00

Resistance: 150.50 - 151.20 - 152.35

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