Mihai_Iacob

GbpJpy- new leg up on short term?

Long
FX:GBPJPY   Livre sterling / Yen japonais
The medium-term trend for GbpJpy is clearly down with the pair dropping almost 1000 pips from the beginning of the month...
However, it seems that this fall has stopped for the moment and the pair has found support just above 133 zone.
A short term buy with a target of 135.50 could be a good choice for scalpers

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