GBPJPY Forex Analysis - Divergence At 174.27 Daily Resistance

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPJPY monthly, daily, 4-hour, and 15-minute charts.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPJPY monthly, daily, 4-hour, and 15-minute charts.

Price is showing divergence on the daily and 4 hour charts at the 174.27 daily resistance level.

A head and shoulders pattern may be forming on the 4 hour chart to confirm a decline back down the range.

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