OGFXTRADER

GBPJPY in a bearish bias

Short
OANDA:GBPJPY   British Pound / Japanese Yen

GJ has formed a bearish continuation pattern, although still too early to place any trade. It will remain on my watchlist for this week. Check level 150.470 for bearish confirmation.

Today's UK Bank Holiday, we could expect less liquidity on the British pound and a market dominated by speculators.


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