GBPJPY: Bearish Crab with Bearish Divergence Re-Entry

1 thg 9, 2023

GBPJPY sits a bit above the PCZ but still shows signs of weakness and has now broken below the faster moving EMAs, if things go as expected, it will start to get pulled back below the 1.618 and begin the greater move down from there as the Japanese Yen does better against the US Dollar than most other pairs.