GBPJPYGBPJPY , Selling pressure is shown since 15 Sep'17. Great Weakness also shown at 25 Sep17. the pattern is making Trading range here. I am shorting here first and see if the price can break 149.70 low to confirm distribution pattern after long bullish in 4hrs chart. Daily chart show that GBPJPY just break the trading range, and that confirm for long term bearish bias, there for I will be more aware for bullish setup rather than bearish.
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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.