LDD

Pending for a downward move.....

Short
FX:GBPJPY   British Pound / Japanese Yen
This pair has been consolidating within the triangle pattern for quite some time. Few days back, the price broke down the pattern but somehow there has been lots of buying pressure and the move downward did not begin yet. More bearish candlestick confirmations will be required to increase the probability for a continuation in the downtrend, especially if the price can close below 138.50; a support level....
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