GBPJPY is Forming Head & Shoulder Pattern, which indicates that trend might get reversed from the current price level. As it is slowly forming head & shoulder pattern, we might see some consolidation before getting a big downside move in GBPJPY one can trade for the short side on GBPJPY for the longer term.
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Note – Trade With Proper Risk Management.
Vivek
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.
