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Adefxc
Mar 31, 2024 11:53 PM

BUY TRADE SETUP ON GBPJPY Long

British Pound / Japanese YenFOREX.com

Description

Hey Traders,

Check out this technical analysis on GBPJPY; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation.

However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry.

Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.

Keep a close eye on this.
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