ANALYSIS
NQ100 Finds Support from PPIApr 14
GBPJPY is Pressured Under Downtrend
Despite being in an upward channel in general, the fact that central bank officials move away from the hawkish tone in the UK causes downward pressure on the parity. In the currency pair, which continues to test the 161.75 support, which is indicated by the Fibonacci 50.0 percent retracement level, a new momentum can be caught towards the 160.75 – 160.45 support range if there is a decrease under this region. However, 162.60 resistance, which is indicated by the minor downtrend, can be tested in the recovery desire that will occur in the persistence above the 161.75 support.
