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British Pound / Japanese Yen

Expecting the H&S pattern not to play out, long bias

64
GBPJPY is known to be an FX pair that can have a strong momentum once it breaks out. I do NOT see a trade right now, but I am inclined to think that the break will be to the upside. In that case, the narrative will match the technical and I'll be looking for a pullback move.
FelipeCancela
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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Fundamental AnalysisTechnical IndicatorsTrend Analysis
FelipeCancela

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.