GBPJPY
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.
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