GBPJPY: Is the Downtrend Going to Reverse?
GBPJPY has been trading in the downtrend channel for more than 1 year.
However, the price broke the upper resistance line yesterday.
Is the trend going to change?
Lazy Strength Indicator is still indicating a downtrend.
The next resistance is at 142.85.
I will continue to observe the trend.
However, the price broke the upper resistance line yesterday.
Is the trend going to change?
Lazy Strength Indicator is still indicating a downtrend.
The next resistance is at 142.85.
I will continue to observe the trend.
