GBPJPY Trade Analysis

2020-03-08 03:16:37

GBPJPY made big impulse to the down and we were waiting the pullback to 141.00 level also 50% fib but last week price stuck on the consolidation area. We still expect the retracement to 141.00 level. If price show us a signal for the retracement on 4H time frame, we will be looking for long first. And after the pullback end at 141.00 level we will be looking for the short position.

Good luck!
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Forex42

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