Ive been bullish on GBPJPY for a couple weeks now and I still believe that it has more upside potential. Here we have a Falling Wedge Formation. we have 4 touches on our pattern already and just waiting for a break and retest to enter again. I am currently in a position based of the retest price gave of the previous resistance (circled on chart). Lets see how it goes.
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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.