In this analysis I am looking to go and retest the larger timeframe analysis level found at the price of 155 which so happens to be a very strong psychological level that may take a while to break through but should be the first indication to head up and retest prices we have not seen be tested in a very long time on the Gbpjpy. i have bought the break of the resistance level so I understand that the price could fake out and or that it will come back down to retest as the new support level.
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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.