GBPJPY Market Trends: Downside Extension and Upcoming Consolidation

GBPJPY has seen an extension of its downside movement, suggesting an upcoming consolidation phase and potential range trading. Downside Move Extension The GBPJPY pair has had its downward trajectory stretch from 188.91 to as low as 185.27. Consolidation Phase The recent bounce back suggests that a consolidation process for the downside move is currently unfolding. &#8230; <a href="https://www.forexcycle.com/short-term-forex-analysis/137671-gbpjpy-market-trends-downside-extension-and-upcoming-consolidation.html">Continue reading<span> "GBPJPY Market Trends: Downside Extension and Upcoming Consolidation"</span></a>