GBP/JPY, get ready for a sell-off

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Our bias for GJ is super bearish. The price has reached a major key level, which is located right between 0.5 and 0.618 Fibonacci retracement levels. We are gonna wait for market to do its thing and when the time is right and we have more confirmations, we are gonna open SELL positions and aim for the area identified on the chart.

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