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GBPJPY DAILY - Now we are on the daily chart, the price comes | SmarTrade

GBPJPY DAILY - Now we are on the daily chart, the price comes from a strong bearish movement (marked in red), it has retraced touching the trendline and the 0.786 fibonacci level. Also on that area we find a resistance zone created on the last high.
We observe the price and keep it monitored but we have numerous confirmations that indicate a short.