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Two financial hubs go head-to-head! Which city gets your vote?
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GBPJPY, 15-minute timeframe chart
GBPJPY retested the resistance level of 186.650
👉Level explanation
GBPJPY has been trading in a bearish trend within the last day. The pair moved up to the resistance level of 186.650.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 186.550.
Set your stop loss at 186.930 above the previous high ($2.68 loss for 0.01 lot) and take profit at 186.170 ($2.68 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
The upcoming news will not influence your orders within the mentioned period.
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The AI Index gives you the opportunity to trade on the latest trends shaping the rapidly growing artificial intelligence industry, offering insights into the stock prices of major players in this cutting-edge sector.
Trade Indices: https://bit.ly/attexpertoption
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Here are some of the economic events of the week that are likely to direct impact the financial market📉📈
Did you find this weekly calendar helpful? Give us a 👍❤️
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