ForexTrendline

100 pips on GBPJPY

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FX_IDC:GBPJPY   英鎊 / 日圓
GBPJPY broke the upward trend last week and we are seeing a free fall.
This morning GBP is under additional pressure after a new wave of closure.
Brexit negotiations are continuing separately.

We expect the movement to continue downwards. As the next support is at levels 137.05!

The scenario fails down when the previous peak breaks.

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