The GBPJPY has reached into a notable resistance level, and the present price seems excessively extended, surpassing previous buyside liquidity. Anticipating a potential retracement, there is a potential buying opportunity if the price retraces within the 50% to 61.8% Fibonacci range. Please be aware that the information shared here is solely for educational purposes and should not be construed as financial advice.
Chart PatternsGBPJPYgbpjpyanalysisgbpjpydailygbpjpyforecastgbpjpyideagbpjpylonggbpjpy_outlookgbpjpypredictionTrend Analysis

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