FUNTRADER-Vera

0403 GBPJPY plan for a correction

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY has just made its 3rd wave up to fibo 1.27 , the red zone, where a possible correction could happen soon.
This CYPHER on daily chart is on a weak possibility because we dont expect GJ to drop down that low (133.8)

We could get more bull clues on weekly chart because the blue pressure line is broken.
We only expect a smaller correction on GJ after this broken trendline.
144.7-145 is the expected end of correction.

LESS IS MORE!

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