FX:GBPJPY   British Pound / Japanese Yen
16 0 2
The primary trend of GBPJPY             is bullish on charts. In its hourly chart, the pair is sustaining above its rising trend line . Prices are consolidating with strong negative bias and its 30 DMA is also providing resistance to the prices supporting the further down-trend.
Support level 185.20
If it breaks its support level & sustains below it then it is expected to show further bearish movement in next few days.

RSI - Prices are sustaining near the selling territory, indicating the downside movement in the market.

STRATEGY:- GBPJPY             is looking bearish on charts for next few session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.
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