Tuesday Market Analysis: GBP/JPY

Hello traders,

let’s hit them charts:

1. GBP/JPY

GBP/JPY has finally broken a key resistance zone that has held price for almost 3 weeks

On the 4 hour timeframe we can see a strong bullish candlestick (Marubozu), which may encourage buyers to move price +100 to +150 pips before the close of tomorrows market

What say you?

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