Last Updated Date: 5 May 2022 @ 10:54 AM (UTC)
*Please note that all the dates are in GMT time zone
The GBPJPY market is triggering a downside breakout from sideways congestion and opens up potential selloffs to 161.27. A close under the 161.27 could warns for washout declines to 159.64. Only a close over 163.90 marks a reversing / bottoming turnaround.