GBPJPY dropping perfectly as expected, potential for further dro

GBPJPY has dropped nicely from our major resistance and has broken below support-turned-resistance line at 149.12 (horizontal overlap resistance, Fibonacci retracement). However, we’re seeing intermediate ascending support that needs to be broken to trigger a bearish acceleration downwards towards 148.38 before 147.14 major support (Fibonacci extension, horizontal swing low support).
RSI (89) has made a bearish exit which is a precursor that price might similarly break its ascending support.

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