Chennel

GBPJPY at next key resistance 150.500

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is currently consolidating within a 12 pip range in the 15min TF. It has experienced resistance at level 150.500 and we are waiting to see the close of the next 4H and 1H candles to show us the direction of price. The direction of the wicks show us a downtrend may be developing but confirmations are still being analysed.
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