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CHART BREAKDOWN GBPJPY: Key Levels, Targets and Thoughts!

Long
EIGHTCAP:GBPJPY   Livre sterling / Yen japonais
Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk sell zone) spanning from 197.950 to 197.730, respectively, are highlighted.


Things I Have Seen👀:


Medium-Risk Buy Zone🟠: Positioned between 197.950 and 197.730, suggesting another area with moderate risk for potential buying positions.


Bullish Targets📈:

198.400: Possible retracement area.
199.000: Possible retracement area.
200.000: Possible retracement area.
200.300: Possible retracement area.
201.000: Liquidity area.


What's Important Now❗
Currently, the crucial approach is to wait and observe the pri

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