GBPJPY Short Medium/Long TF trade

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY currently sitting on trendline support and previous Fibonacci retracement level. Downward trend could see a bear flag formation throughout next week. There's a high chance of testing the last swing low on Weekly TF then continuing for a breakout short of this weeks low throughout June.

What do you think?


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