PetrockFxTrading

GBPJPY UPDATE - LONG OR SHORT?

FX:GBPJPY   British Pound / Japanese Yen
Here is an update on GBPJPY analysis I made a week ago. On 20th February 2021, I made it known that we need a confirmation to either go long or short.

The present candle is forming a bearish pin bar which signals a sell order. Notwithstanding, we need a another candle to show a good confirmation of what to do.

What do you think?

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