GBPJPY previously broke the ascending wedge and into the consolidation zone, it is likely to break a new trendline to be a very bearish trend, we expect it to drop to the 158.920 zone for the first target. *The trade is only taken when the small trendline is broken.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.