GBPJPY Sideways, Beware Area 189.20 or 185.00

GBPJPY Sideways, Beware Area 189.20 or 185.00 - GBPJPY bias to look sideways with a potential range of movement to this day seen among 189.20 area (MA 200) - 185.00 (MA 100) in the 4 hours chart, it is necessary to penetrate one side to get further instructions.

To the downside, before testing 185.00 area to the price must penetrate the 186.00 area in advance, if able to penetrate to the bottom of the 185.00 area get the price for further bearish pressure towards strong support area at 183.30. While the upside, before testing 189.20 area to the price must penetrate to the top of the 188.15 area, if price able to break above the 189.20 area the price of potentially bullish move further towards a strong resistance area at 190.30.



Resistance levels: 188.15, 189.20, 190.30

Support levels: 186.00, 185.00, 183.30