The value needs a acumulation in the KL before GBPJPY goes down, anyway before fall it's probable that GBPJPY wants to make the 4th point of the downtrend so we will wait this confirmation to sell. Other important confluences could be fibo and the double bottom in our TP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.