Wassiboi

GBPJPY 1Hour TF Outlook

Long
FX:GBPJPY   British Pound / Japanese Yen
GJ is currently recovering after being bullish for the past 2 days.
Personally I see 137.50 being hit evetually.

But we have to keep in mind other possibilities.

If the trendline holds and the GBP regains its bullish momentum then I see this breaking the previous high and forming a new higher high.
If not then this will be heading down.

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