#GbpJpy- A new leg down is probable
After reaching a high of 157.50, GbpJpy dropped pretty fast to 153 zone.
Now the pair is in recovery and, considering the flag formation from the recent bottom, continuation to the downside is probable.
155.50 is resistance and a good place to search for selling opportunities.
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Mihai Iacob
Forex, Gold and Crypto trader
