I'm looking at the big picture of GBPJPY, with price forming up the flag for the possible next big pole move to the downside in weeks to come... We have price break through the 135.76 zone, retest and held nicely, to noted that's the 38Fibonacci retracement zone... My bias is bearish on this pair with more downside if we can see a bearish flag this new week and 131.70 will make a good target point for Us.. I think it will take 2/3days for this move to be completed...
I will love to see your opinion in the comment session..
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