GBPJPY analysis

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This trade is considered "invalid" if the price moves below the blue box. The current price has touched the weekly key level (blue box) and has formed a pinbar on this H4 chart. Sellers are losing momentum already and now it's a good time to go long with this pair provided that the price would go above the pinbar.

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Nota
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GBPJPY analysis
Support and Resistance

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