GbpJpy can drop under 160
After a strong rally and the reach of 168+, GbpJpy has had the first leg down to 160. A correction came after and now the pair seems ready for a new leg down.
164.00-164.50 is acting as a strong ceiling now and I expect a dive under 160 for a test of support.
Only price back above 165 would make me change my opinion
164.00-164.50 is acting as a strong ceiling now and I expect a dive under 160 for a test of support.
Only price back above 165 would make me change my opinion
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