GBPJPY has entered a bearish phase. Price ended the week negative after consolidating on the resistance for a while. We see a breakout on the rising channel and expect price to touch 181,5 at least. However, we may have a retest towards 192,200 on Monday.
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Disclaimer
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.