Mycal

GBPJPY Analysis

Short
FX:GBPJPY   British Pound / Japanese Yen
This week was a bullish week, but as predicted it ended up back on the bearish side to drop to a shocking 150.200 which is 330 pips from my consolidation rectangle from last week. So as you can see the ADX and the DI- line are over the 25.0 and 20.0 lines which means there is a strong bearish trend to continue. Strong Bear Guys !! Enjoy.
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