Mar. 4th – GBPJPY

Prices did go higher and from this chart it seems that the grey uptrend line from the linechart
offered resistance (see circle). I also added two black horizontal lines – they are areas of support and resistance from the cloud. Prices should break the lower of the black lines to offer more clarity and also give room to the downside. Until then the upper black line and the middle line of the Linear Regression channel could offer resistance.
Sarah