GBP/JPY:
Our expectations: Lower tops and bottoms, correction to resistance levels where we can look for short positions
Alternative Scenarios: If the price goes above 200MA, we may see a new upward movement
Comment: Price below horizontal resistance and 200MA
Price Action: Pin Bar on Resistance - Probably Decline
DeM: Crossing below 0.3 will may boost downward movement
SL 145.35
Trader I. Ivanov
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