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May 30, 2021 10:38 PM

GBPJPY Analysis May 30, 2021 Long

British Pound/Japanese YenFXCM

Description

On the weekly timeframe we are making new highs but testing a serious level of resistance. We will look for price to potentially reverse from this level.

On the H4 timeframe price is clearly making HH’s and HL’s. I will wait for a pullback before looking to continue to swing trade this long.
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