Our previous GBPJPY signal has reached our TP1, I saw a pullback on the daily timeframe non the less we are bullish for the long term. I will hold those long positions to this new TP price (point D).
New development: We see the recent rejection on our structure support suggests that we are going too complete a bearish Gartley harmonic pattern before we short the GBPJPY again. In our previous analysis we anticipated a breakout which in turn broke out of the trendline that has been respected for sometime now. I now anticipate the GBPJPY to remain bullish until point D.
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