GBPJPY is seen to have made a breakout and retest out of the support trendline and managed to significantly bounce off the 61.8% Fibonacci retracement level. I'm expecting a bearish continuation targeting the end of wave C @ -0.618 Fibonacci extension level (147.130)
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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.