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GBPJPY: Bearish Continuation (forecast)



🔻GBPJPY is retesting 135.5 major structure resistance level.


on hourly chart the price has formed a double top formation with a lower high

and broke below its neckline after market opening.


now the broken neckline and 4H falling trend line serve us a local supply area.

chances are high that we will see a bearish reaction from that.


first goal - 134.55

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