GBPJPY: After retest of structure, possible bullish continuation
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Price recent broke and closed above previous structure on the 4 hr. It has pulled back and retested structure. Possible setup for an ABCD pattern, with a 1.414 extension lining up near the 141.00 (even handle number, strong resistance level)
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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.