GBPJPY last daily candle was a neutral candle so there is potential for price to reverse at this current level. However, if it continues to show bearish moves, I will look to buy at the 61.8 PRZ level which also lines up with the neckline of the previously broken inverted H&S pattern. Looking for the market to test weekly Key level 145.000.
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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.