GBPJPY nearing resistance - Short analysis

101
GJ is again nearing the supply zone. After a week of worse than expected employment, manufacturing, and production numbers as well as slowing price action, several factors pointing to a reversal:
- Supply/resistance zone retest
- doji/reversal daily candlesticks to end the week
- negative production/manufacturing/employment numbers last week

Need to see a break of the lower trend lines with confirmation (lower high retest, momentum, etc.) to go short

Feragatname

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