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AlkalineFX
Aug 15, 2021 10:11 AM

GBPJPY: Don't Forget the Liquidity Long

British Pound/Japanese YenFXCM

Description

Although this pair is currently in a downtrend, you cannot dismiss the liquidity holding above the resistance.

I believe this move to be a lure for the FOMO sellers before we return to the highs.

I will be scaling in buys in the blue zone marked.
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