A potential selling opportunity is emerging on GBPJPY. Following the completion of liquidity raids and a touch of the daily resistance, the price has breached a 4-hour low (BOS). It is anticipated that the price will retrace and initiate a sell-off from the 1-hour supply area.
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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.