GBPJPY fake out has given momentum to drop?

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GBPJPY has just got rejected with 4h bullish candle with more than 1.5ATR to the key level giving probability to drop to next area of support. As the price has done this fake move, we may see possible drop to daily support and may continue to drop to possible 80 pip.

As the price has got rejected from a monthly high, we may see further downside

A sell trade is high probable!

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