GBPJPY has been trending upward ( BULLISH ) for a while, and presently got rejected on a significant Daily Demand Zone and psychological key level of 165.000, The daily candlestick ended with a big bearish candle which signals previous Bullish trend retracements.
A new Demand was created on 15M Timeframe which is currently respecting.
Bullish Continuation to previous 15M highs has high priority.
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