We can clearly see that GBPJPY is in a downtrend on the daily chart. It is very likely to go down and retest the support level. If that support level is being breached, we can expect a lot more downside!!!
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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.