Explicit_Fx

GBPJPY Market Analysis

Short
OANDA:GBPJPY   British Pound / Japanese Yen
This is my analysis on the Pound Yen pair. It had a very strong move to the downside, followed with a correction of the impulse which stopped at the .5 Fib level. Seems to be continuing to the downside as COT data tells that they are adding more shorts.

Leave any feedback on if I missed anything or your opinion on this analysis
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