GBP/JPY Plausible price action
The pair is in a short-term uptrend or a probable correction of a downtrend. The RSI is sharply weakening while the price is going up, which is quite typical for a correction or an intermediate trend. The EMAs just crossed but the volume they present is so meager and the importance of the crossover is near 0. What is more, the risk/reward ration is about 1:4 which is awesome.
*Disclaimer: this is for educational purposes only*
*Disclaimer: this is for educational purposes only*
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