DeGRAM | GBPJPY breakout of the support level

GBPJPY broke and closed below the support level, which is the psychological level 181.000.

Price action made a sharp move down, breaking the channel, and it will most likely go down further.

As we can see, it is consolidating near the dynamic support. It will eventually break it.

We expect a retest of the support level following the trendline breakout.


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