GBPJPY
On zoom we can see a massive divergence on 12h frame with some bounce on support (if hold) of 160.300.
Last support (0.382 weekly retracement) is now a resistance already tested at 165'500 area.
So for a retrace we have to close higher if not price can goto the 156 area
Last support (0.382 weekly retracement) is now a resistance already tested at 165'500 area.
So for a retrace we have to close higher if not price can goto the 156 area
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