Mihai_Iacob

GbpJpy- let's see the forest from the trees

Short
FX:GBPJPY   Livre sterling / Yen japonais
My outlook remains extremely bearish for this pair...
Although the pair managed to recover losses yesterday it remains extremely bearish overall.
On the weekly chart we have an evening star which marks the top and the pair ranged all week.
A daily close under 132 should accelerate losses and open the door for a big drop.
I maintain my target of 125-126 for this pair

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