Hello Naked Traders.
Japanese yen weakness across all counterparties. About the GBP/JPY in the last weeks there has been a strong rally that brought the price up to 129.50 key resistance that was violated in today’s market, bringing the price up to 130.00. Now you can wait for some price action LONG signals on return to 129.50 area. Buy the dip, as they say! The next key resistance level is 131.50.
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