g2rafael

GBP JPY WEEKLY OUTLOOK

Short
FX:GBPJPY   British Pound / Japanese Yen
So what happened last month is that the market did a big correction to the upside as we closed previous month candle with a big wick.

We do have a double top now.

We can expect the market to retrace to 134 and test short term support.

A break below 134 can send the market down to 128 130 area.

This is only for educational purposes only.

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