GBPJPY Falling Wedge giving a bottom buy signal

GBPJPY is on a rebound that is approaching the 4hour MA50.

Based on the 1 month Falling Wedge pattern, a rejection is expected, same as January 14th to the 1.1 Fibonacci extension.

This should technically be the bottom buy opportunity to target the 0.5 Fibonacci extension at 190.100.


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