GBPJPY respect of fib levels
After breaking the uptrend, GBPJPY has fallen breaking several supports and respecting fibonacci levels on the corrections waves creating LLs and LHs.
Currently, the pair has reversed and is looking to form a new lower high, probably in the 61.8 if not in the 38.2.
Currently, the pair has reversed and is looking to form a new lower high, probably in the 61.8 if not in the 38.2.
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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.