GBPJPY WEEKEND ANALYSIS

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GBPJPY WEEKEND ANALYSISBritish Pound / Japanese YenFOREXCOM:GBPJPYlouqmanhHello, It's been a while! TECHNICAL SUMMARY 1D- Market was bullish but failed to break a resistance level at 214.284. This was followed with a CHoCH at 210.349, shifting our bias to bearish 4H, 2H- Currently the pair is in a retracement move to the upside. 1H- The retracement in 4H TF is a clear uptrend in the 1H TF, and currently the price is also in a minor downward retracement aiming to reach a demand zone around 209.179 SETUP: Sell opportunity, targeting 209.179 Entry price: 210.674(along the minor supply zone) SL: 210.878 TP:209.192 FUNDAMENTAL SUMMARY NFP is expected to be released on Friday, March 6. Use proper risk management. NOTE: 1. DO YOUR OWN ANALYSIS BEFORE MAKING ANY FINAL DECISION BASED ON MY ANALYSIS. 2. LOSSES/WINS DONT DEFINE YOU, CONSISTENCY DOES. 3. PLEASE SHARE YOUR VIEWS ABOUT THE PAIR IN THE COMMENTS