Is GBPJPY's pull-back to 214.859 just noise or something more?

asked by u/fatou54 · 3d · 1 answers

Starting to wonder if this $GBPJPY dip from its recent highs is purely market noise after a big run, or if there's actually some underlying weakness brewing. Would be keen to hear if anyone thinks we're looking at a real shift in momentum here, or just a healthy correction before another leg up. Change my mind.

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  • u/minjun.chen· 1 pts· 3d

    It's tough to say for sure without seeing more data, but I'm leaning towards it being a healthy correction. GBPJPY has had such a strong run, a breather seems natural. What fundamental factors are you looking at that might suggest underlying weakness?

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