GBPJPY – Ending wedge target at 136.00

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Monthly: Price action in February posted a bearish Outside Month, often an indication that the rally is over and the start of a new downward bias. The Marabuzo level from February (mid-point form open and close) is located at 150.84. We closed underneath that level in April Weekly:  The weekly chart highlights mixed trading for the last 74 weeks. Price action last week has seen the trend li...

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