ForceFollower
Short

GBPJPY H4: Trending Down

FX:GBPJPY   British Pound/Japanese Yen
104 0 5
GBPJPY             has taken out one swing high to the left, but failed, so far, to take out the second one. The down trend is very strong and I expect its continuation. The bullish price action we've been observing in recent days is corrective in nature, with a mild slope. We can easily expect this market to test its lower boundary once again.

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