Hey traders, this is Rogue_Trader007. GBPJPY has a strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. This makes a great entry as it usually shoot towards the 1.272 Fib level.

Making this a strong BUY.

Downside: Long Term position. You might hold for a few months.

You can also check my analysis on EURJPY.

Trade closed: target reached
Chart PatternsTechnical Indicators

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