Forex Technical Analysis of GBPJPY for November 30 (updated) - professional forex trading platforms

Forex Technical Analysis of GBPJPY for November 30 (updated) ~ professional forex trading platforms

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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