GBP/JPY, Technical Analysis – H4
Despite the massive and prolonged upward price swing, bulls have so far failed to update the structural high, preserving the overall bearish character of the chart.
Despite the massive and prolonged upward price swing, bulls have so far failed to update the structural high, preserving the overall bearish character of the chart. Failure to break above the 1,3450 level would serve as confirmation that the market is preparing for a new downward trend movement.
Key Levels:
□ 1,3450 (key resistance)
□ 1,3400 (first support / target)
Primary Scenario:
Reversal downward from the 1,3440–1,3450 zone, with the first target at 1,3400.
Alternative Scenario:
Breakout above 1,3450 and advance toward 1,3500.
Analyst Commentary:
Today’s focus for traders will be monitoring the 1,3450 zone for signs of strength or weakness.
니콜라이 크리시토포프는 Investizo의 마켓 애널리스트로, 금융시장 업계에서 15년 이상의 경력과 10년이 넘는 트레이딩 경험을 보유하고 있습니다. 그의 주요 관심 분야는 외환 및 암호화폐 시장, 기술적 분석, 데이 트레이딩, 시장 행태입니다.