GBPJPY has been in a bearish wave since the start of
this month. However, a pullback may happen very soon
As you can see in my chart, 131.80-132.20 area can act
as the first support for GBP/JPY which may lead to a pullback
to 135 or 136.
Currently, I am waiting for the price to drop towards 131.85
and then I will observe the price action in lower timeframes.
If I see bullish PA near 131.85 level, I will buy with small SL
and TP at 135 for this pullback move.
this month. However, a pullback may happen very soon
As you can see in my chart, 131.80-132.20 area can act
as the first support for GBP/JPY which may lead to a pullback
to 135 or 136.
Currently, I am waiting for the price to drop towards 131.85
and then I will observe the price action in lower timeframes.
If I see bullish PA near 131.85 level, I will buy with small SL
and TP at 135 for this pullback move.
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