GBPJPY > Exception a Retracement Lower!!

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Analysis of #GBPJPY

Hello friends,

Looking at this chart we have the market already reached a very important resistance level on the weekly chart, prices will have difficulties advancing from here it cold could go to 149.00 before start correcting which is normal.

Looking at this impulsive move from the GBPJPY we can expect the market to make a correction move toward the 145.00 zone which is a FIB 0.38 level retracement

If the price reaches the support and fib 0.38 level I will look for a valid entry that meets my rules using one of my strategies to enter in a good risk to reward buy trade


let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you