Sublime_Trading

GBPJPY Showing Strong Signs Of Weakness

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FX:GBPJPY   Libra Esterlina/Iene Japonês
Last post: May 20th 2019. See chart.

Review: Price had been heading down fast after breaking down through the daily 200 simple moving average.

Update: Price is continuing to trend down nicely.

Conclusion: If the downtrend continues then we should see price come down to reach the major support level.

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