GBPJPY Test Higher Prices Then Drop Gradually

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This is one of the long-term analyzes of the GBPJPY pair.

This pair has been corrected for several months and will soon test resistance levels at higher prices.

However, the trend of this pair will not last and will soon turn to bearish.

The way to trade in this pair is to do a sell limit or go straight into the trend once the bearish trend has formed.

The trend will be invalidated if the price goes through resistance and becomes a new bullish trend.