GBPJPY

The monthly trendline has been broken and retested giving off a bullish signal after the NFP and sits right on top of a demand zone on the 4hr timeframe.

Also, the correction on the first wave has been completed (reactionary wave 2) and the 3rd wave is inbound also giving off a "buy".

Oh! And it also almost rehect a psychological level on the daily timeframe.
Chart PatternsTrend AnalysisWave Analysis

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