Gbpjpydaily
GbpJpy to break under support?GbpJpy has had an incredible run in the past 4 weeks, with the pair gaining almost 800 pips.
However, after reaching the 158 zone, GbpJpy started to consolidate in what seems to be distribution.
At this moment the pair is trading slightly under horizontal support and a clear break can happen
At least a correction could follow from now on and my target is 152.50 support
Above 158 this outlook is negated
GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.