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#GBPJPY ANALYSIS + 158 PIPS SO FAR TODAY


#GBPJPY Using the PRICE ACTION CHARTS, our trading strategy involved a strategic purchase at 205.90, a move that has proven successful as the price trajectory remains in our favour. Anticipating a temporary pullback to 207.00, we are poised to capitalize on this potential [fair value gap] in the near future.


This correction presents an attractive opportunity for another round of buying, with our sights set on a target of 208.47 before ultimately aiming for 210.50. The analysis and forecast provided by Chris have so far been on point, and we remain optimistic about the continued positive performance of this trade.

 
 
 

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Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. All information is for educational purposes.

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