GBPJPY: Medium Term Analysis

A few hours ago we published the same analysis, but looking at the short term. Now let's try to follow the pair in medium term. Having said that, the key resistance is around 167.90, as long as the price stays below it, the trend is bearish, And we don't rule out a deep correction structure.

Our previous analysis
(Click & Play on chart below)

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N.B.: Updates will follow below

Trade closed: target reached:

Target 1 (short term) & Support Area

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