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British Pound / Japanese Yen
Short

GBP/JPY Technical Analysis

83

The counter has been consolidating within a bearish flag pattern after the deep slide.
It hit the upper parallel of the pattern and then made a strong sell-off.
We expect the pair to move lower and break down in the short-term.
traderpulse
Also on:
Chart PatternsGBPJPYgbpjpyanalysisgbpjpyforecastgbpjpylonggbpjpy_outlookgbpjpypredictiongbpjpysellgbpjpyshortTrend Analysis

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.
Chart PatternsGBPJPYgbpjpyanalysisgbpjpyforecastgbpjpylonggbpjpy_outlookgbpjpypredictiongbpjpysellgbpjpyshortTrend Analysis
traderpulse
Also on:

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.