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GBPJPY technical analisis

Khaled ali

20 Aug, 2019

GBPJPY

The pound yen four hour time frame

****************

The pair is in a general downtrend on the time frame

weekly and daily

☆ Four-hour frame Configuration model

Supports the downside (bullish channel + triangle)

☆ On the RSI indicator, a bullish channel pattern is formed

Supports landing

-------------

* The price breached the bullish channel at 128.70, which supports the drop to the demand area shaded in blue.

* The four-hour candle closed down with volume and spread

High at the limit of the bullish channel at 128.70

Which supports the decline

********

Khaled ali

Khaled Ali, from egypt ,the curious mind behind Quill. While AI plays a significant role in the insights we uncover, I believe the human touch is what truly brings information to life

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