GBPJPY testing resistance, potential drop!
GBPJPY is testing its resistance at 146.10 (horizontal overlap resistance, descending channel resistance) where it could potentially fall to its support at 144.95 (78.6% Fibonacci retracement).
Ichimoku cloud is showing signs of bearish pressure which contributes to our bearish bias.
Ichimoku cloud is showing signs of bearish pressure which contributes to our bearish bias.
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