Greetings Forexia Family, lets analyze GBPJPY.

Based on how price is acting on the zone we can see that it has tapped more than 3 times which validates the trade that there are lots of buyers. I believe price might drop to 154.000 where it might trap sellers before going up.

Risk and money management tips

• USE STOPLOSS
• RISK 1% or 2% PER TRADE NO MORE

PLEASE USE THIS ANALYSIS AS A GUIDE TOOL FOR YOUR TRADING AND USE PROPER MONEY MANAGEMENT IN YOUR TRADING

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