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GBPJPY Week Ahead Analysis - 15th - 19th May

Updated: May 28, 2023


GBPJPY Weekly Chart

Weekly double top chart pattern

Bearish closure last week








Daily GBPJPY chart



  • GBPJPY has retested the highs and is pulling back forming a weekly double top chart pattern

  • Daily structure is in a minor downtrend, lower highs and lower lows

  • UK jobs data released on Tuesday 16th March will provide some volume to the pair


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