By ForexMansion.com

 

GBP/JPY fell hard today, testing the bottom of yesterday’s hammer. The level held though, and is trying to be supportive. The close was at the very low, and looks ominous. A break below this level could get the market into a selling mode. However, there are several central banks waiting below. As such – selling is hard to do at this point.

 

 

Originally posted here

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