Chart of The Day $GBPJPY 11-20-2017

On the GBPJPY  daily chart, we can see that the pair is testing the strong downside resistance/support 148-148.500 zone. This zone should be broken for the downside continuation into 144 level.

Note: Short trades are preferred for now with the SL above 149. Risk reward is good.

GBPJPY trend following price action analysis

 

Happy trading! (click on the chart to enlarge it)

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