QuileHills

GBPJPY Bullish Divergence in Channel

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FX:GBPJPY   英鎊 / 日圓
28
GBPJPY is showing some bullish divergence on the 4H RSI in the area of my 100% fib support within a tight bearish channel its been ranging in since late April.

I'm watching for a bullish break to buy the pair up to just under the longer-term channel resistance with a position similar to the one shown.

R:R of position show 4.08

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