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London_fx_club
May 18, 2019 6:56 AM

GBP JPY possible buy zone Long

British Pound/Japanese YenFXCM

Description

GBP JPY still BEARSIH STAY SHORT, we will be bearish on all GBP pairs this week
Brexit and the UK Govt is a total mess and NO green shoots of hope in sight .
Brexit has Impacted very heavily on the GBP and has even those who voted for the leave are now wondering why and the costs associated with it and the GBP
The GBP has fallen 9 days straight against its peers , in particularly the EURO where the GBP has had its worst performance in 15 years .
It would be the brave and the nieve to long the GBP next week
We have calculated our anticipated buy zone BUT there would need to be a lot more than a FIB confluence for us to change our bearish stance
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