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The next leg down in GBPJPY

British Pound / Japanese Yen (FX:GBPJPY)  
TraderAvDM Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis GBPJPY gbpjpyshort gbpjpyanalysis gbpjpyprediction
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trendanalysis chartpattern beyondta gbpjpy gbpjpyshort gbpjpyanalysis gbpjpyprediction
I hope you remember my previous analysis in GBPJPY about selling between 133.45-133.65. That trade would have helped you gain 100+ pips if you followed. This is the previous chart. Have a look at this.
GBPJPY Sell Continuation Trade

Now, I expect GBPJPY to continue the recent downtrend. The price is getting rejected repeatedly at the 100H EMA. So, I am expecting a drop to 132 and even 130.60 in the coming weeks.
Comment:
And that's 50+ pip drop from the moment I posted it. Hope you caught some pips

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