good morning everyone!
GBP/JPY next moving
W1, D1, H4 are moving in negative, support for a down trend.
M30, H1: cross up Zero, in short-term, it can test higher level: 159.60, 160.30 (H4 MA200) 160.50 (H1 MA200)
If H1 TL and CL turn back to moving in negative (in morning or today), and H4 TL convergent (again) in negative, price cannot test above levels.
GBP/JPY next moving
W1, D1, H4 are moving in negative, support for a down trend.
M30, H1: cross up Zero, in short-term, it can test higher level: 159.60, 160.30 (H4 MA200) 160.50 (H1 MA200)
If H1 TL and CL turn back to moving in negative (in morning or today), and H4 TL convergent (again) in negative, price cannot test above levels.
People are not good at acting, but very good at judgment.