GBPJPY TECHNICAL ANALYSIS 17/6/2020

As GBP/JPY was the highest voted pair, here is the full analysis for this pair on 4H frame
GBPJPY trading in uptrend line,price rejected from key level around 136.000
SMA 100 broke through SMA 200 but the price still between them
MACD shows decreasing of bullish momentum
RSI in uptrend line below 50

first scenario : if price broken key level  around 136.000 and 4H close above it , it will confirming bullish movement to supply zone 1 around 140.000 then supply zone 2 around 145.000

second  scenario : if price failed to broke the key level around 136.000 and 4H close below it , it will confirming bearish movement to  uptrend line and HVN around 132.800

R3: 145.000
R2: 140.000
R1: 137.400
Pivot: 136.000
S1: 133.600
S2: 132.800
S3: 129.200