Hokusai_FX

GBPJPY Analysis 27Aug2023

PEPPERSTONE:GBPJPY   英鎊 / 日圓
after the price breaks the HH, a correction occurs with the price breaking the trendline (dotted blue line) and forming a new LL, most likely it will continue its bearish trend. the bearish trend here is a correction trend, we can expect the price to reach fibo 0.236

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