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  1. Skilling
  2. Technical Analysis
  3. GBPJPY broke through important 167.7450 price line
Technical Analysis

GBPJPY broke through important 167.7450 price line

Autochartist639a4ab476b4c54f888bb728.png

GBPJPY has broken through a resistance line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 168.6792 within the next 13 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

Not investment advice. Past performance does not guarantee or predict future performance.

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