GBPJPY 4H, On 23rd or September we noticed a massive 6.52% drop of GBPJPY. During the drop, the market has created an imbalanced zone. During the market open yesterday GBPJPY has managed to regained some of its bullish momentum. Is this bullish impulse a temporary correction before the continuation of a further bearish move? Today, GBPJPY is moving north correctively which gives a probability that we can expect further bearish movement on GBPJPY.
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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.