Potential trade setup: GBP/JPY analysis
price is testing the 137.00 4HR intraday area of resistance created by previous swing high if this area is sustained, seen by the spinning top which was formed on the 1Hr candle, we could pull back and retest the Weekly trendline, this is also in confluence with the 4hr trendline acting as support, then we can expect a more imminent drive towards the 138.00 key level.
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