Mihai_Iacob

GbpJpy- Down-trend to resume soon

Short
FX:GBPJPY   Livre sterling / Yen japonais
After finding a bottom at 124, GbpJpy corrected 1000 pips and has reached 50% Fibo of the previous drop.
The rise is in a corrective manner and has formed a rising wedge.
A break under 133 zone could signal that the correction is over and the down-trend could resume.
Looking to sell

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