dlbsanborn

GBPJPY range possible

Short
OANDA:GBPJPY   British Pound / Japanese Yen
After a couple failed attempts at maintaining new highs, GBPJPY had a sluggish move lower last week. It's currently retesting a minor mid-level resistance zone around 151ish. IF bearish momentum can resume I wouldn't be surprised to see a move towards the 148-149 zone which is where the bottom of this potential range has been established.
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