GBPJPY WEEKLY UPDATE - SELLS TO CONTINUE IN NEAR TERM

145
BEFORE THIS PAIR CAN CONTINUE HIGHER THERE IS A BIG POTENTIAL FOR MARKET TO COME FURTHER DOWN TO GRAB ENOUGH LIQUIDITY TO PUSH HIGHER.

TRADITIONALLY TOWARDS END OF APRIL START OF MAY THE POUND GET WEAKER AS WELL.

SCENARIO ONE IS MARKET TO MAKE ONE MORE SMALL PUSH UP START OF THIS WEEK AND THEN DOWN OR SCENARIO B TO COME DOWN DIRECTLY.

THE PRICE RANGE OF 145 TO 146 LOOKS LIKE IS THE AREA WITH THE BIGGEST DEMAND FOR NOW.

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