Thursday, February 23, 2023







The GBPJPY pair has recently broken out of an ascending triangle , indicating that the bullish trend could continue. This is a bullish signal, suggesting that traders may want to go long on the pair. Before entering a long position, however, traders should make sure to analyze the current market conditions and place a stop loss order to protect their capital. Additionally, they should consider their risk tolerance, time frame, and other factors to determine the best course of action.

GBPJPY breakout expectation on upside

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