#trading_idea 💡

#GBPJPY - Watch Resistance

On the 4h chart, we can see the price is rising above middle line of Bollinger. The MACD and Bulls&Bears both point on possible move upwards. The price is above is above MA(100).

Possible scenarios:


🔼If the prise break through 192.700 resistance we may see the rise towards 193.800.

🔽Otherwise, a slide towards 191.328 support and lower is possible.


😎 🔖 Click "👍" if you think the price will rise and "👎" if you think it will slide back.


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