In my last GbpJpy analysis I said that I will sell this pair on confirmation. Since then GbpJpy dropped 100 pips and now is trading just at the confluence support.
A break here should accelerate losses and give scope to my 135 target.
Sellers can try to sell rallies and only a daily close above 140 would change my bearish outlook at this point
A break here should accelerate losses and give scope to my 135 target.
Sellers can try to sell rallies and only a daily close above 140 would change my bearish outlook at this point
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