GBPJPY View: FXWW

From the FXWW Chatroom – GBPJPY manage to hold the 100MA, so far. Whereas, it has been developing a descending triangle pattern on the daily chart. A break below 143.70 would underpin further bearish momentum, paving the way for a new decline to 141.50 initially (A-B-C corrective structure target).

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