GBP/JPY - Time for a fall.
GBP/JPY’s aggressive rally off the low is now at a confluence of trend-lines of varying degrees; one runs down from the May high and the other is the underside of a trend-line rising up from April 2017. It’s a good spot to look for weakness to set in, and depending on how hard it turns lower it could become a continuation trade back below the monthly low.
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