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GBP/JPY Possible Correction Up

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#trading_idea #GBPJPY 💡

#GBPJPY - Possible Correction Upwards

On the hourly chart, we can see the price testing the key level of 189.333. There is a candlestick formation indicating a possible correction upward. The MACD suggests potential growth, even though the pair is trading below the MA(100).

Possible scenarios:


🔼If the prise break through 189.933 resistance we may see the rise towards 190.957.

🔽Otherwise, a slide towards 189.518 and lower support zone is possible.


😎 🔖 Click "👍" if you think the price will rise and "👎" if you think it will slide back.



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