GBPJPY D1 - Long Signal

GBPJPY D1

GBPJPY surged to peak at 188, subsequently retracing to the 185 handle, which aligns with our identified confluence and buy zone. The strategic elements in play include discernible daily (D1) demand, robust D1 support, and the psychologically significant 185 price level.

Additionally, our protective stops are strategically positioned to encompass the preceding lows, fortifying the integrity of the overall trend structure.
GBPJPYTechnical IndicatorslondontradinglongsignalshortsignalTrend AnalysisWave Analysis

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