The GBPJPY closed below a key level yesterday at 142.50.
This area first served as resistance in July of last year before flipping to support between December 5th, 2016 and January 5th of this year.
With yesterday’s close, the 142.50 area becomes resistance. As such, any rotation back to the level could offer a selling opportunity.
Continue reading …
GBPJPY Clears Key Support: Look to 142.50 for Selling Opportunities
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