Is it Time For A Reversal?? 142.50 Next? #GBPJPY
Updated
GBPJPY has melted all the way down to 140, which is a Major Support Level. I do believe a retracement is overdue. If the blue zone gets broken to the upside then I do see 142.50 and potentially 143.50 being met.
Note
142.50 has been hit! I still a potential upwards momentum. But I'll monitor and then re-enter.
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