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dzulmonsterfx

GBPJPY : Sharp downside will be expected

Short
British Pound / Japanese Yen (FX:GBPJPY)  
dzulmonsterfx  
FX:GBPJPY   British Pound / Japanese Yen
Elliott Wave poundyen pound yen sellpound buyyen sellgj sellgbpjpy
11
1
elliottwaves poundyen pound yen sellpound buyyen sellgj sellgbpjpy
After failure of rising above 134.72, GJ continue to fall slowly.

Looking at Leading diagonal formed as five waves, we assume this pair will be bearish at least fifty percent of High low 134.72 / 124.11.

Selling pressure assume will end at 129.3 before looking for price action on buying opportunity.
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