GBP/JPY Falling; Where Next?

GBPJPY alike many other JPY pairs is retracing on short falls and a change in market mood.

Key areas of support exist lower (visible on higher TF's as shown) but will require a continued downside movement.

This is what to expect after such a long rally.

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Lock in short gains, exit on local W support. Minor longs applicable.

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Minor long entries approach.

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Exit for gains.

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Looking for minor scalp longs.

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Exit longs for gains.

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Re shorts applicable.

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Be careful buying and selling GBP if trading GJ

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Exit shorts for gains.

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Looking for long entries.

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Exit for gains on longside.

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Same bias across board. Light shorts.

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Continued into this week alongside other yens.

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Out all shorts for gains. Room to fall.

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Re shorts available.