2024-11-10 19:30
IndustryWeekly Outlook: GBPJPY Bullish Trend
1. Key Support Levels: 196.5 and 196 are important support levels. If the price pulls back to these areas and holds, it could present good buying opportunities.
2. Resistance Levels: 197.7 and 199.5 are key resistance levels on the upside. If the price reaches these points, there may be some selling pressure, so it’s worth considering profit-taking.
3. Investor Advice: The overall trend is bullish. Retail investors should look to enter long positions near the support levels and consider taking profits as the price approaches resistance.
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Weekly Outlook: GBPJPY Bullish Trend
Hong Kong | 2024-11-10 19:30
1. Key Support Levels: 196.5 and 196 are important support levels. If the price pulls back to these areas and holds, it could present good buying opportunities.
2. Resistance Levels: 197.7 and 199.5 are key resistance levels on the upside. If the price reaches these points, there may be some selling pressure, so it’s worth considering profit-taking.
3. Investor Advice: The overall trend is bullish. Retail investors should look to enter long positions near the support levels and consider taking profits as the price approaches resistance.
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