
Hello traders and good luck in trading on the market. Currently, I am looking at the currency pair British Pound/Japanese Yen. The price for this pair has moved north from the support level. The level at 208.917 has acted as a resistance level for the pair. The indicators on the chart are signaling to open sell trades for the pair. It is possible that the price will decrease to the south towards the level at 205.795.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade