Looking on the weekly chart for trend structure and as an engulfing trader I saw the market moved to a support level around 137.303 and 137.202. Last week broke out of the descending wedge that you see or flag pattern. It look like this week is going to confirm that breakout to the downside and may move all the way to 126.761
Engulfing CandleGBPJPYgjgjshortshortsetup

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