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Gbpjpysell

GBPJPY BULLISH TREND NEAR TO BE END.GBPJPY entered a sell zone. If the price respects the spot, then we may see an extensive sell. We have to wait to watch the lower time frame and look for a sell setup. 151.800 to 152.000 is a good area for a good sell setup. Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and fundamental Knowledge. Please follow proper risk management parameters to trade in the market. Have a nice day. The Financial Regime
Short
by thefinancialregime
5
GBP/JPY Short - March 1st 2021 GBPJPY on the weekly has hit a resistance, similar to GBPUSD. Mostly due to the United Kingdom's vaccination pace, re-opening schedule guaranteed which means business can now prepare to reopen. However we are seeing U.S. yields rise on anticipation of a potential inflationary period in the U.S., this adds some strength to the dollar and money flowing from other currencies to it. The Yen is also used as a cheap vehicle to invest in other economies, so now with yields rising and asset values falling in the U.S., money may begin flowing back into the Yen to cover the borrowing.
Short
by UnknownUnicorn15362357
2