GBPJPY alike many other JPY pairs is retracing on short falls and a change in market mood.
Key areas of support exist lower (visible on higher TF's as shown) but will require a continued downside movement.
This is what to expect after such a long rally.
Key areas of support exist lower (visible on higher TF's as shown) but will require a continued downside movement.
This is what to expect after such a long rally.
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Lock in short gains, exit on local W support. Minor longs applicable.
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Minor long entries approach.
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Exit for gains.
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Looking for minor scalp longs.
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Exit longs for gains.
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Re shorts applicable.
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Be careful buying and selling GBP if trading GJ
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Exit shorts for gains.
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Looking for long entries.
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Exit for gains on longside.
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Same bias across board. Light shorts.
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Continued into this week alongside other yens.
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Out all shorts for gains. Room to fall.
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Re shorts available.
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Posts Not financial advice.