FX:GBPJPY   British Pound / Japanese Yen
2
This pair broke a very important support on Friday and to my suprise it didn't manage to break back above it. Even though I am fairly bullish on all currencies aganst the JPY, the current situatsion in GBPJPY may signal further downside. Also USDJPY looks kind of heavy as it failed to close above 101.40 which means that if GBPUSD stands still and USDJPY pushes lower it will drag the GBPJPY down as well.


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