The current outlook for GBPJPY suggests that the price is likely to decline. This bearish potential is supported by the fact that the price is trading lower compared to previous levels, indicating further downside pressure. In addition, a candlestick pattern confirmation provides stronger evidence of a bearish continuation.
Trading Recommendation:
- Sell GBPJPY
- Entry: 200.087
- Take Profit: 199.705
- Stoploss: 200.328
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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