going long GBPJPY
From the downtrend that we are in, the trend faced a huge support on which price bounced up and retraced back a little bit to the support again but didnt touch it. Now the downtrend is in a correction to the 61.8 fib level and possibly from there we will have a continuation of the trend.
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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.