GBPJPY 30min Analysis March 17th, 2021

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Trade Scenario 1: Bullish - For us to go long we want to see price break above 152.100. We will then wait for a retrace and for 152.100 to flip as support. Enter on strong bullish setups, first targeting 152.400

Trade Scenario 2: Bearish - For us to go short we want to see price reject off 152.100. We will then enter on strong bearish setups, first targeting our edge of value at 151.800

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