British Pound / Japanese Yen
Long
Updated

DeGRAM | GBPJPY correction in the ascending channel

421
GBPJPY is moving in an ascending channel.

The chart reacted to the last 3 touches of the support level with an immediate rebound.

The support level is between 50% and 62% retracement levels.

We expect a rebound after a retest of the lower boundary of the channel.


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