GBPJPY - Long Term

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The bullish momentum is still active, suggesting that the price is likely to stabilize above 204.00. Currently, the price might retest levels slightly below 204.00 before reversing to continue its upward trend toward the next target of 205.00.

However, if the price breaks below 204.00, it is likely to fluctuate between this level and the support level of 203.00. This means that a break under 204.00 could result in the price moving within the range of 204.00 to 203.00 before any further direction is established.
Trade geschlossen: Ziel wurde erreicht
The price rose and reached our target and high zones of 205.00 and 206.100. Any break above 206.100 will cause more rise until it touches 206.42 and 207.155.

beware of any correction toward down.



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