GBPJPY is trading in range-bound movement. We might see this consolidation to continue for some more time, moreover one can take buy or sell call on GBPJPY at support or resistance level of consolidation range, respectively. Once the pair breaks out from the consolidation range, one can initiate a trade, on the break-out side, for the long term. As and when it gets updated, we will inform and post an update.
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have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
