GBP/JPY Struggling with the Trendline

🔸DAILY CHART EXPLANATION:
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🔸Price bounced at the Daily Resistance Zone.
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🔸It is facing the Ascending Trendline.
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🔸We are waiting for a defintion here. The options are a breakout to the downside or a bounce towards the Resistance Zone.
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🔸 Will look for a lower timeframe setup.

🔸 4H CHART EXPLANATION:

snapshot
analysisBearish PatternsBullish PatternsGBPGBPJPYjpyLONGMultiple Time Frame AnalysissetupshortSupport and ResistanceTrend Analysis

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