My idea for GBPJPY is that based on the strong weekly supply zone, I see price action becoming weaker. The pair has performed purely impulse moves without significant corrections. I am bearish for the short term, but later on December I believe this will break 171 and will go higher.
Trade active
+100 pips in profit alreadyTrade closed: target reached
Closed 80& of position in +400 pips
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.