capitalpropertiesfx

GBPJPY - consolidation ahead of us?

FX:GBPJPY   British Pound/Japanese Yen
62 0 1
We have reached an interesting area but before we should expect consolidation, I truly believe that price will go and take a look what is going on above 200.00. It might be just a spike but most likely we'll go there. Generally speaking, I expect price to consolidate around the 61.8 retracement level for quite some time.

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