GBPJPY Analysis
GBPJPY has a minor demand zone which may be more effective than expected since the pair is in a bullish order-flow, but regardless of the the minor demand zone we are presented with an area of demand that might be our main point of entry as we have liquidity above the demand area which makes the demand area more strong. What is more important is that we wait for our confirmations at each of the given areas in order to avoid losses.
Comment
Minor demand zone was mitigated and moved the market a few pips to the upside.
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