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British Pound / Japanese Yen
Updated

GBPJPY Rejecting the daily Zone

260
GBPJPY can be seen bouncing off the daily zone for the 3rd time. Will this trigger a bearish move?

My opinion, if the most recent low (@183.107) is broken and retested then I'd go in for a short but until then, keeping my fingers crossed

#GBPJPY
Do your due diligence, past results does not guarantee future results
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Price broke below the 183.107 very slightly but did not stay below for the retest to happen, it instead broke through the daily zone.
Mbjoey
Also on:
Candlestick AnalysisDouble Top or BottomGBPJPYgbpjpyanalysisgbpjpyideagbpjpysetupgbpjpytradeSupport and Resistance

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Candlestick AnalysisDouble Top or BottomGBPJPYgbpjpyanalysisgbpjpyideagbpjpysetupgbpjpytradeSupport and Resistance
Mbjoey
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.