Yesterday, as we described, the GBP/JPY currency pair experienced a retest of its previous support level. This coincided with the 61.8% Fibonacci level. As we predicted, the price pulled back and our idea for a long setup entered the profitable zone with a strong bullish impulse during the Asian trading session. Today, we are anticipating a continuation of this setup.
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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.