skurtmatrix

Forecast Of GBPJPY Bullish movement

Long
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is currently sitting at a downtrend which is at an exhausting point, this could open a direction for buyers to move.

Sellers usually are trying to break the structure but failed each time if you look back and use the same support line.

The entry point you should look for should hover above the support line giving you a clear indication of a buy.
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