FX:GBPJPY   British Pound / Japanese Yen
As seen on the chart, a recent head and shoulders formation on the 15m chart shows a push downwards off the neckline yet failed to break and create a meaningful low. after retesting the low created we are seeing bullish pressure despite the recent bearish impulse. I advise to wait for the price to close above the 21 ema and neck line of the previous H&S .
Comment: Entry executed at 135.600.


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