Petaryot

GBPJPY - Quadruple Top Analysis

FX:GBPJPY   British Pound/Japanese Yen
This is a very crucial time for the GJ pair. At this area it has had a high resistance being rejected on multiple occasions in the past. You can see it has a "Quadruple Top" at the moment and the direction that this takes (whether it breaks or rejects) can prove to be a strong determinant of the long term trend on the pair.

Keep an eye out at this particular setup and enter when seen appropriate.

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