After dropping almost 1000 pips started at the beginning of September, GbpJpy found a bottom at 133 and now is in a correction.
In my opinion, a new leg down will follow soon and I'm looking to sell this pair around 50% Fibo retracement.
The first target for bears can be 135.50 zone
Chart PatternsGBPJPYgbpjpyanalysisgbpjpyforecastgbpjpyideagbpjpy_outlookgbpjpypredictiongbpjpysellgbpjpyshortTechnical IndicatorsTrend Analysis



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