GBPJPY Short
Yen gaining strength amidst some Risk Off moves in the markets. GBP continues to get beaten down. Beautiful downtrend on the daily, retraced to 618 Fib level, strong resistance and Daily trend line. Double top off the strong level, with a bearish engulfing candle on the Daily showing bears have entered the market
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.