The collapse of GBPJPY has been brewing for a while now. Liquidity is being purged as we come closes to the previous highs, freeing up space for the banks to make a move.
Ideally, I would like to see one more push up before we begin to target some of the higher lows that have been created on the way up.
Ideally, I would like to see one more push up before we begin to target some of the higher lows that have been created on the way up.
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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.