Mathsio

GBP/JPY DEATH CROSS!

Short
OANDA:GBPJPY   British Pound / Japanese Yen
A potential play on GBP/JPY . We can see a death cross being confirmed and the price action getting pulled right into the cross. If we resume down from here i would be expecting price to come back down into the 130.8 ish range. We could see a bounce in that area but i think it is more likely to find a bottom in the 129.4 ish area.
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