As you can see, the GBP is moving downward. I have drawn Fibonacci Retracement from top to low of its Bearish Wave. The price touches 38.2% Fibonacci and what I think GBPJPY is continuing Bearish Wave from here toward 155.33
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.
