GBPJPY has been in a bearish wave since the start of
this month. However, a pullback may happen very soon
As you can see in my chart, 131.80-132.20 area can act
as the first support for GBP/JPY which may lead to a pullback
to 135 or 136.
Currently, I am waiting for the price to drop towards 131.85
and then I will observe the price action in lower timeframes.
If I see bullish PA near 131.85 level, I will buy with small SL
and TP at 135 for this pullback move.
this month. However, a pullback may happen very soon
As you can see in my chart, 131.80-132.20 area can act
as the first support for GBP/JPY which may lead to a pullback
to 135 or 136.
Currently, I am waiting for the price to drop towards 131.85
and then I will observe the price action in lower timeframes.
If I see bullish PA near 131.85 level, I will buy with small SL
and TP at 135 for this pullback move.
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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.
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.