Daily Analysis 11/10/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY GBP/JPY

Support & Resistance: S1: 152.2
From the daily chart, price has broken the resistance level of the triangle chart pattern.

 

H4 GBP/JPY

Support & Resistance: S1: 152.2
From the H4 chart, traders can trade long positions and take profit when it reaches the resistance level.

 

TRADING TIPS


Long Position

153

155

152