FOREXCOM:GBPJPY   British Pound / Japanese Yen
The GBPJPY currency pair has exhibited a consolidation pattern within the H1 timeframe. Fibonacci analysis indicates a significant presence at the 50% level, coinciding with favorable momentum according to the Relative Strength Index (RSI). Nevertheless, upon examination using FRVP, it becomes apparent that the largest transactional activity is situated at the price level of 189.000 or within the 261-288 Fibonacci extension range.
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