Support - S1 : 184.168 | S2 : 183.667 | S3 : 183.100
Resistance - R1 : 185.236 | R2 : 185.803 | R3 : 186.304
Main Trend - Bearish
Intraday Trend - Bearish
On 4H chart of forex technical analysis for the exchange rate GBPJPY is very clear to notice that the price moves within the upper channel of Andrew's Pitchfork. Also, price remains below EMA(50) and EMA(200) which are ready to proceed to a downward cross.
Considering all the details from the charts of forex technical analysis, we can detect all critical levels and trading targets for H1 and H4 timeframes:
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