GJ Short - 04/25/2023

British Pound/Japanese Yen expected to head back to the 166.750 area.

This morning's London session has witnessed a strong push upwards before rotating to move lower back to the 167.000 level. This strong momentum is expected to continue moving lower given that the bears appear to have taken over the market.
Signs of the bulls are expected at around 166.750.
Trend Analysis

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