GBPJPY
Bearish Closed
Charts by TradingView

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports GBPJPY Bearish bias. A break of 197.330 will support the fall towards the target of 195.800 the break of 195.800 would push the price to 194.780.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 198.38
  • Support S1: 198.35, S2: 198.32 , S3: 198.29
  • Resistance R1: 198.41 , R2: 198.44 , R3: 198.47