TomProTrader

GBPJPY: Expect Continued Weakness Towards Demand Level #Forex

FX:GBPJPY   Livre sterling / Yen japonais
5
Traders

Continued weakness expected down to the demand area, as illustrated on the chart. There is a possibility we could extend past that, and come lower, but demand zone is the area of specific focus right now. We have a minor retracement for entry now and it may be one of the last times we can get into this pair before entries expire for a while.

Best of luck,
Tom

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