GBPJPY is presenting a bullish structure this morning. The price is approaching the 170.48 area, where we have a supply zone. At that point, the market formed a short setup on May 10th, confirmed by the Forex48 1.0 strategy. Additionally, the price at this point could bounce off a bearish trendline, completing the third touch. The target for the short entry is indicated in the 168 area.
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
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