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GBPJPY: Important Breakout 🇬🇧🇯🇵

Short
OANDA:GBPJPY   Livre sterling / Yen japonais

GBPJPY was steadily growing within a rising parallel channel for the last 3 weeks.
The market reached a key daily structure resistance on Friday.

Bears started to push heavily from that and the price broke and closed below the support of the channel.

It will trigger a bearish continuation.

Next supports: 166.3 / 165.3

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