We can see from the graph GBPJPY is oscillating between the two S&R levels. For today we expect GJ to touch the demand zone and then go higher. Therefore we can expect GBPJPY in go further down and hit the demand zone because it is still retracing. The possibilities for the GJ are shown.
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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.