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British Pound / Japanese Yen

GBPJPY 15 MIN

By EliteFx_Academy
On M15, GBPJPY has formed a symmetric triangle meaning a break on the upside could lead to a buy while on the downside could lead to a sell. Currently, on lower timeframes, GBP is stronger than JPY so we expect a higher chance of a buy than a sell; however, GBP is slowly becoming weak, which paves the way for a potential sell. WATCH FOR BREAKOUT BEFOE ENTRY ON EAITHER SIDE.
Trend Analysis
EliteFx_Academy
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