Monday, April 1, 2013

GBPJPY Price Action: Break of support, 02/04/2013

There has been a break of support on the pair. This support has hitherto seemed able to provide bullishness on the pair with the previous Inside Pin Bar Price Action Setup.  Expectations now fall towards more bears in the coming days on this pair.

My Recommendation: Look out for intraday or daily short setups to join this bearish trend.

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