ForexTrendline

Want profits? Sell GBP!

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FX_IDC:GBPJPY   Libra Esterlina/Iene Japonês
In yesterday's analysis, we said that GBPUSD would continue to fall. Today, there is no change in these expectations despite minimal stabilization.

It is this correction that is the ideal opportunity to include anyone who has so far failed. As with GBPUSD, the other good-looking option is GBPJPY!

Here the situation is similar:
- we have a break of the upward trend;
- break of previous support levels;
- test of the levels.

The opportunities for downward movement are not limited and the levels are:

136.51
135.02
134.16

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