GBPJPY 4H stabilizes below the barrier

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The pair's price is still affected by the control of the sideways bias, maintaining its stability near the 182.68 level without providing any new signal to change the previously suggested bearish corrective path. We note that repeated stability below the additional stable barrier at 181.72 constitutes the basic factor for holding on to the intraday negativity, which may soon target the 181.04 and 180 levels. 60 in a row.

While the price achieves a breach of the previously mentioned barrier and remains above it, this will enable it to renew the main upward attempts

The expected general trend for today: temporarily bearish
Trade ist aktiv
The price of the pair began to activate the downward path

GBPJPY 4H stabilizes below the barrier
Chart PatternsGBPJPYHarmonic PatternsTrend Analysis

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